Answer:
yes
Step-by-step explanation:
it just looks right to mehhh
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
It's not a multiple choice answer is it?
Answer:
12.5
Step-by-step explanation:
Its the answer I just did it :)
It’s D
This is the right answer