SOLUTION: Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent.
$11,800 is in
Algebra.Com
Question 1191503: Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent.
$11,800 is invested for 8 months at 11% per year.
INT = $
Incorrect: Your answer is incorrect.
FV = $
Answer by ikleyn(52787) (Show Source): You can put this solution on YOUR website!
.
To see many similar solved problems on simple interest, look into the lesson
- Simple interest percentage problems
in this site.
Learn the subject from there.
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