Find the missing value, Show your solution: Simple interest

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A. Find the missing value, Show your solution: Simple interest

4. I = $ 876 ; i = 9 3/5 % ; N = 7 yrs & 7 mons.
5. I = P 512 ; i = 8 ¼ % ; N = 5 yrs.
6. P = $ 3,400 I = $ 883 ; N = 5 yrs.

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