Mathematics
Mathematics, 28.01.2020 10:31, bella122805

Use formula a=p(1+rt) to calculate the maturity value of the simple interest loan round to two decimal places.

p=$15000 r= 8.6% t = 4 months

so what i did was change 8.6% to .086 and 4 divided by 12 is .33
plugged it in and i gor 15429.57 and my anser is wrong

answer
Answers: 3

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Use formula a=p(1+rt) to calculate the maturity value of the simple interest loan round to two decim...

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