SOLUTION: find the present value of an investment at 4% annual simple interest and is worth $6900 after 7 years?
Algebra.Com
Question 166292: find the present value of an investment at 4% annual simple interest and is worth $6900 after 7 years?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Simple interest formula,
where F is the future value, P is the present value, i is interest rate, n is the number of periods.
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