SOLUTION: Please give me the answer to: 5% interest on $6,000.00 for 9 years...................Thank you
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Question 205428
:
Please give me the answer to: 5% interest on $6,000.00 for 9 years...................Thank you
Answer by
rfer(10432)
(
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):
You can
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FV=P(1+r)^t
FV=6000(1.05)^9
FV=6000(1.551328216)
FV=$9307.97
interest earned=$3307.97
(