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Homework answers / question archive / Use the future value formula S = P(1 + it) to find the future value of $802
Use the future value formula S = P(1 + it) to find the future value of $802.00 at 11-% p.a. for 315 days. The future value is $ -| (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Using the simple interest formula I = Prt, compute the amount of interest earned for $3717.00 at 6-% for 5 W/ N years. The interest earned is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
On October 15, 2017, Toys Or More borrowed money with a promise to pay $23,470.97 on June 12, 2018. This loan included interest at 6.4%. How much money did Toys Or More borrow on October 15, 2017? Toys Or More borrowed $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
