Pt = Po + Po*r*t.
Pt = 4000 + 4000*0.1*20 = $12,000.
$4,000 at 10% for 20 years
(a) Calculate the future amount if the money were invested at simple interest.
1 answer
(a) Calculate the future amount if the money were invested at simple interest.
1 answer
1 answer
1 answer
0 answers
1 answer