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

7 0

3 years ago

You enter a room. 2 dogs, 4 horses, one giraffe, and a duck are laying on a bed. 3 chicken are flying over a chair. How many leg

azamat

Answer:

28 legs are on the ground

8 0

1 year ago

Rate and Ratio Sipho paid 605,50 for 70litres of petrol.What did the petrol cost per litre.

amid [387]

605,50/70= 929 per liter or 9.29 if it was suppose to be 605.50 price.

6 0

2 years ago