Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Identify the Principal amount DHS Identify the Rate (as used in equation for calculation) Identify the Time (as used in the equation for calculation) years Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Round the answer to the nearest fil (two (2) numbers behind the point.) The future value of the loan after fifteen (15) months that will be paid back is DHS.

Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Identify the Principal amount DHS Identify the Rate (as used in equation for calculation) Identify the Time (as used in the equation for calculation) years Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Round the answer to the nearest fil (two (2) numbers behind the point.) The future value of the loan after fifteen (15) months that will be paid back is DHS.

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...

See similar textbooks