Question
1) Calculate the future value of after 3 years if $ 1,000 is deposited at 1.2% simple interest. 2) Find the future value after
1) Calculate the future value of after 3 years if $ 1,000 is deposited at 1.2% simple interest. 2) Find the future value after 18 months if $2500 is deposited at 2% simple interest 3) Find the present value of $ 3000 in 10 years at 2.5% simple interest. 4) Find the present value of $ 4500 in 8 years and 4 months at 3.5% simple interest. 5) Find the amount of interest earned on $ 3500 invested for 5 and 8 months at 3.25% simple interest.
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
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