Math  /  Algebra

QuestionSave
The principal PP is borrowed at simple interest rate rr for a period of time tt. Find the loan's future value, AA, or the total amount due at time t. P=$9000,r=6.5%,t=8 months P=\$ 9000, r=6.5 \%, t=8 \text { months }
The future value is $\$ \square (Simplify your answer. Type an integer or a decimal.)

Studdy Solution
The future value of the loan is $9390\$9390.

View Full Solution - Free
Was this helpful?

Studdy solves anything!

banner

Start learning now

Download Studdy AI Tutor now. Learn with ease and get all help you need to be successful at school.

ParentsInfluencer programContactPolicyTerms
TwitterInstagramFacebookTikTokDiscord