sophia9826 sophia9826
  • 09-09-2019
  • Mathematics
contestada

what is the future value at the end of 5 years of $400 loan that charges simple interest at an annual rate of 2%

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leannaadrian
leannaadrian leannaadrian
  • 09-09-2019
The interest would be 400 x .02 and once you get that answer divide it buy 5 years
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