Chris invests $19,000 at 4% simple interest for 7 year. How much is in the account at the end of the 7 years period?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
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Chris invests $19,000 at 4% simple interest for 7 year. How
much is in the account at the end of the 7 years period?
Answer: $
Question Help: Video
Transcribed Image Text:Chris invests $19,000 at 4% simple interest for 7 year. How much is in the account at the end of the 7 years period? Answer: $ Question Help: Video
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