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1. [-18 Points] DETAILS HARMATHAP12 6.1.001. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the requested value and tell what the other numbers represent. (a)

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1. [-18 Points] DETAILS HARMATHAP12 6.1.001. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the requested value and tell what the other numbers represent. (a) Find r: 500 = 1,000()(8) (Enter the rate as a decimal.) Identify the following. interest principal time (b) Find P: 8,880 = P + P(0.06)(8) P = $ Identify the following. (Enter the rate as a decimal.) future value $ rate time

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