1/ What was the original deposit into a bank account if there was $13,446.00 in the account 1.75 years later and the interest rate was 14%?

2/ An investment of $500,000 matured for $581,000 in 18 months. What was the interest rate associated with the investment?

3/ A loan of $10,000 is taken out at an interest rate of 16% p.a. for 6 months, find the amount (future value) required to pay off the loan including interest.

I = P R T (4 in 1) S = P + I S = P (1 + RT) P = __S___ (1 + RT)