SOLUTION: Find the present value of $3,000 in 10 years at 2% simple interest

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Find the present value of $3,000 in 10 years at 2% simple interest      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1139782: Find the present value of $3,000 in 10 years at 2% simple interest
Found 2 solutions by josmiceli, MathTherapy:
Answer by josmiceli(19441) About Me  (Show Source):
Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

Find the present value of $3,000 in 10 years at 2% simple interest
If you're asking for the PV of a FV amount of $3,000, 10 years from now, at a simple interest rate of 2%, then CORRECT answer is:  highlight_green%28%22%242%2C500%22%29