Formulas. Use the formulas to solve the test. Be able to decide which one you have to use and When. COPY THEM ON A PAPER.

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$$ Formala $9\mathrm{.}1$

$SorFV=$ the fyture value $or$ maturity value

$PorPV=$ the original principll

$i=$ the periodic rate $of$ interest

$n=$ the number $of$ compounding periods for the term $of$ the loan $or$ investment