34.0k views
4 votes
Find the interest earned:

$11,500 for 3.5 years at 7.25% annual simple interest

User Davin
by
8.7k points

1 Answer

2 votes

Answer:

Future Value, using...

Simple Interest: $

14,418.13

Annually Compounded Interest: $

14,692.25

Explanation:

User Kalvin Klien
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories