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If the interest rate is 3 percent and a total of $4,370.91 will be paid to you at the end of 3 years , what is the present value of that sum.

If the interest rate is 3 percent and a total of $4,370.91 will be paid to you at the end of 3 years , what is the present value of that sum.
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if the interest rate is 3 percent and a total of $4,370.91 will be paid to you at the end of 3 years , what is the present value of that sum.

asked
User Paul Karlin
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8.8k points

1 Answer

2 votes
The value would be 13112.73 with the simple interest and principal
answered
User I Stand With Israel
by
8.4k points
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