You invest $9000 in an account that pays simple interest of 2% for 13 years. What is the interest you will have at the end of the indicated period?

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter7: Using Consumer Loans
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You invest $9000 in an account that pays simple interest of 2% for 13 years. What is the interest you will have at the end of the indicated period?
Mat 143
Review 4A-D
Mya
Calculate the amount of interest you'll have at the end of the indicated period. Show your work. If you solve
the problem using the Finance App, list all the values for N, I, PV, PMT, FV, P/Y, and C/Y to justify your work.
1) You invest $9000 in an account that pays simple interest of 2% for 13 years.
Transcribed Image Text:Mat 143 Review 4A-D Mya Calculate the amount of interest you'll have at the end of the indicated period. Show your work. If you solve the problem using the Finance App, list all the values for N, I, PV, PMT, FV, P/Y, and C/Y to justify your work. 1) You invest $9000 in an account that pays simple interest of 2% for 13 years.
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