SOLUTION: In the formula I=pet find p when I=$20,r=5% and t=1year
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Question 607308: In the formula I=pet find p when I=$20,r=5% and t=1year
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
In the formula I=pet find p when I=$20,r=5% and t=1year
It's and I = FV - P
P =~ $390.08
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