Complete the table by finding the unknown. Input amount in the following format: x,xxx,xxx (example: 53,200) Input rate in the following format: x.x% (example: 3.5%) Input time in the following format: x years (example: 5 years) Princi pal (P) 60,000 25,000 Blank 1 Rate (r) Blank 1 12.0% Time (t) 15 years Blank 3 Add your answer Simpl e Intere st (Is) Blank 2 15,000 Matur ity Value (F) 96,000 Blank 4
Complete the table by finding the unknown. Input amount in the following format: x,xxx,xxx (example: 53,200) Input rate in the following format: x.x% (example: 3.5%) Input time in the following format: x years (example: 5 years) Princi pal (P) 60,000 25,000 Blank 1 Rate (r) Blank 1 12.0% Time (t) 15 years Blank 3 Add your answer Simpl e Intere st (Is) Blank 2 15,000 Matur ity Value (F) 96,000 Blank 4
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Question 1
Complete the table by finding the unknown.
Input amount in the following
format: x,xxx,xxx (example: 53,200)
Input rate in the following format: x.x% (example:
3.5%)
Input time in the following format: x
years (example: 5 years)
Princi
pal (P)
60,000
25,000
Blank 1
Blank 2
Blank 3
Blank 4
Rate
(r)
Blank
1
12.0%
Simpl
Time
e
(t) Intere
st (Is)
15
years
Blank
3
Add your answer
Add your answer
Add your answer
Add your answer
Blank
2
15,000
Matur
ity
Value
(F)
96,000
Blank
4
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