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Question

Find the future value an investment of $4720 at 534% simple interest for 9 years.
10 years ago

Answers

Ms. Sue
Is that 5.34% simple interest?

10 years ago
Reiny
I will assume you have a typo and you meant
5.34%

amount = 4720+ 4720(.0534)(9)
= ....
10 years ago

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