SOLUTION: What will the value be in 7 years of $12,000 deposited into an account earning 3.25% simple interest?
I tried to answer...
12000*.0325i = $390
390 * 7n = $2730
$2730 + $1
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-> SOLUTION: What will the value be in 7 years of $12,000 deposited into an account earning 3.25% simple interest?
I tried to answer...
12000*.0325i = $390
390 * 7n = $2730
$2730 + $1
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Question 615070: What will the value be in 7 years of $12,000 deposited into an account earning 3.25% simple interest?
I tried to answer...
12000*.0325i = $390
390 * 7n = $2730
$2730 + $12000 = $14,730 Answer by rfer(16322) (Show Source):