Question
The principal (P) is borrowed at ta simple interest rate (r) for a period of time (t). Find the loan's future value A, or the
The principal (P) is borrowed at ta simple interest rate (r) for a period of time (t). Find the loan's future value A, or the total amount due at time (t).
P = $5000
r = 6.5%
t = 4 months
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
