The principal P is borrowed at a simple interest rater for a period of time t. Find the loan's future value A, or the total amount due at timet P= $5000, r=4.0%, t=3 months The loan's future value is $

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Dec 11, 2021 206k views

1 vote

The principal P is borrowed at a simple interest rater for a period of time t. Find the loan's future value A, or the total amount due at timet

P= $5000, r=4.0%, t=3 months
The loan's future value is $

Mathematics
middle-school

Mayelin asked

by Mayelin

4.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

2 votes

your missing information

how often is it compounded? monthly,yearly, annually, daily?

Byouness answered Dec 15, 2021

by Byouness

4.3k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

4.5m questions

5.9m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions