Question

Use the formula for the amount, A = P(1 + rt), to find the indicated quantity. P = $3,500; r = 10%; t= 1 quarter; A = ? A= $
Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A = $7000.00
The principal Pis borrowed and the loans future value A at time t is given. Determine the loans simple interest rater to th
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Answer #1

P=3,500 J= 10% t-I quatter to 30.1 E1 year -0.257077 A= PC127) 3,500 (1+0.1x) =3500(1+ $0 -3500 X 41 TA $3587.5 ·A=$7000.00 JA= PC+f) 2357188 = 230+) H = 235760 STO .25 005 E 5%

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