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need help thanks 10. Time Value of Money helps you understand Present value Future value Past value Both present and future value Let us first

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10. Time Value of Money helps you understand Present value Future value Past value Both present and future value Let us first derive formulas from I-PRT and F-p-I 1. P-I/RT 2. R-(1/PT) x 100% 3. T-1/PR 4. F- P+l, where I- PRT F- P+PRT F- P(1+RT) 5. P-F/(1+RT) 6. I-F-P Using these formulas, answer the following problems: 11. Find the interest on P2, 500 at 6% simple interest for 5 years. What is the simple interest rate on P30, 000 for 6 1/2 years if money 12. earns P6, 500? If P4, 500 is the interest at 10% after 3 months, how much was rrowed

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