Register

The principal P is borrowed at 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. Round answer to the near…

The principal P is borrowed at 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. Round answer to the near…
asked 122k views
1 vote
The principal P is borrowed at 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. Round answer to the nearest cent.

p=900$, r=4%, t=9 months

asked
User Tobire
by
8.1k points

1 Answer

11 votes
Interest for t= $324
answered
User Rahul Gandhi
by
7.7k points
← Prev Question Next Question →

Related questions

User Bkillnest
asked Oct 11, 2024 103k views
Find the final amount for an investment of 900$ earning 6% interest compound quarterly for 15 years
Bkillnest asked Oct 11, 2024
by Bkillnest
8.4k points
1 answer
1 vote
103k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!