The future value of money under simple interest is calculated using the equation: F = P(1+rt), where F is the future value, P is the present value, r is the interest rate, and t is the time in years.
F = ($2500)(1+0.1*1.5) = ($2500)(1.15) = $2875
Answer:
i assume economic because its talking about money??
Explanation:
Federalists were lately responsible for writing the constitution. they believed in a strong federal government that had the authority to deal with a diff issues that may come up...hope that helps