Mathematics
rhay
40

hi there can anyone help me out with this please

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(1) Answers
Frances77

Simple interest, FV=P(1+ni) FV=future value=2500 P=present value, invested amount n=number of years, =3 i=annualĀ interest rate, =0.095 2500=P(1+3(0.095)) Solve for P.

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