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Simple Interest (FV) How much will I have in my bank account at the end of five years if I have $435 invested at a

Simple Interest (FV) How much will I have in my bank account at the end of five years if I have $435 invested at a simple interest rate of 7%?


Example B. Simple Interest (PV)  How much do I need to invest now, at a simple interest rate of 5% per annum, in order to repay a debt of $2000 in two years time? 


Example C. Compound Interest (FV) Calculate the value in three years of $1000 deposited in an account that pays 8% interest pa.

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