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8. Karl Yates needs $21,000 to pay for the remodeling work on his house. A contractor agrees to do the work in 4 months.
8. Karl Yates needs $21,000 to pay for the remodeling work on his house. A contractor agrees to do the work in 4 months. What is the present value of $21,000 at 7.1% simple interest in order to accumulate the $21,000 in 4 months? The present value is $ (Round to the nearest cent as needed.)
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Exploring Geometry
Authors: Michael Hvidsten
2nd Edition
1498760821, 9781498760829
