Take a look at the attachment to see the solution.
A = future value
P = principal (P = 12,000)
r = interest rate (r=6)
n = time periods (n=12)
A = future value
P = principal (P = 12,000)
r = interest rate (r=6)
n = time periods (n=12)
Chase works as a welder making $21.50 per hour. He works 40 hours.
2 answers:
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