Mathematics, 11.02.2020 11:22 Attaullah8207
An investment of $2,500 is made for 4 months at an annual simple interest rate of 3.75%. Determine the following values. (For the first answer blank, enter an exact number. For the second answer blank, enter a number. For the third answer blank, enter an exact number as an integer, fraction, or decimal.)
P = $
r =
t =
Find the amount of interest earned (in dollars) on this loan. (Enter a number.)
I = $
Calculate the future value (in dollars) of this loan. (Enter a number.)
$
Answers: 1
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