Q: Find the present value of the given future amount. $43,000 for 22 months at 5% simple interest
A: Answer Future Value $43,000 Time 22 Months Period In Years 1.83 Years Rate 5%
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Q: Calculate the simple interest earned. Round to the nearest cent. P = $5000, r = 6.8%, t = 25 days
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Q: Calculate the simple interest earned. Round to the nearest cent. P = $2600, r = 5.9%, t = 6 months
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A: Present value=Future value / [ 1 + (Interest rate x Number of years)]
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Q: Calculate the simple interest earned. Round to the nearest cent. P = $3900, r = 5.3%, t = 6 months
A: P = $3900 r = 5.3% t = 6 monnths
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A: Answer 1: Information Provided: Present value = $10,000 Time = 5 months Interest rate = 2%
Q: Calculate the simple interest earned. Round to the nearest cent. P = $3800, r = 5.9%, t = 6 months
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Q: Calculate the simple interest earned. Round to the nearest cent. P = $5000, r = 9.5%, t = 20 days
A: Simple Interest = P * r * t where, P = $5000, r = 9.5%, t = 20/365
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Q: Calculate the simple interest earned. Round to the nearest cent. P = $3600, r = 5.3%, t = 6 months
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Q: Find the future value of the loan. Round tp the nearest cent. P=$900 r=6% t=5 years
A: Present value (P) = $900 Rate of interest (r) = 6% Maturity (t) = 5 years
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Q: uppose you deposit $1,681.00 into an account today that earns 11.00% p.a. It will take years for the…
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Calculate the simple interest earned. Round to the nearest cent.

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