MY NOTES ASK YOUR TEA Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. HINT [See Quick Examples 1-5.] You borrow $38,000 for 10 months at 0.07% per month. INT= $2216.7 X 266 FV = 40216.7 X 38,266
MY NOTES ASK YOUR TEA Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. HINT [See Quick Examples 1-5.] You borrow $38,000 for 10 months at 0.07% per month. INT= $2216.7 X 266 FV = 40216.7 X 38,266
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 3PPS
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