Future Value = Present Value*(1 + interest rate)^(# of years)
Future Value = $2,000(1+0.08)^1
Future Value = $2,000(1.08) = $2,160
To find the interest on the loan, we need to do our Future Value - Present Value.
Future Value - Present Value = $2,160 - $2,000 = $160
Answer:
sorry if im reading it wrong but...whats the question here??
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Answer:
c
Step-by-step explanation:
hope this helps
Answer:
Its A i just took the test
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Answer:
18 minutes
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60/40=1.5
12 x 1.5 = 18