SOLUTION: i need to find the simple interest prinipal: $21,ooo rate:5.25% time: 18 years thanks for helping
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Question 137197
This question is from textbook
Harcourt Math
:
i need to find the simple interest
prinipal: $21,ooo
rate:5.25%
time: 18 years
thanks for helping
This question is from textbook
Harcourt Math
Answer by
checkley77(9423)
(
Show Source
):
You can
put this solution on YOUR website!
21,000(1+.0525)^18
21,000(1.0525)^18
21000*2.5119
$52,749.36 TOTAL AMOUNT AFTER 18 YEARS.