Answered You can hire a professional tutor to get the answer.

QUESTION

Compute the simple interest earned when the principal, rate, and time of the loan are as given. Find the present value of the money in the following:...

1. Compute the simple interest earned when the principal, rate, and time of the loan are as given. Find the present value of the money in the following: $7000 due in 4 years, if the money is worth 6% compounded semiannually. How many years will it take to double $1000 at 4% interest compounded semiannually? 7. How much interest will you owe on a $1000 loan from March 3 to August 7 at 10% simple interest?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question