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The principal P is borrowed at simple interest rate r for a period of time t. Find the​ loan's future​ value, A, or the total amount due at time t. Round answer to the nearest cent. p=900$, r=4%, t=9 months
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The principal P is borrowed at simple interest rate r for a period of time t. Find the​ loan's future​ value, A, or the total amount due at time t. Round answer to the nearest cent.

p=900$, r=4%, t=9 months

User Tobire
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4.8k points

1 Answer

11 votes
Interest for t= $324
User Rahul Gandhi
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4.3k points
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