What is the present value of 6000 received 14 years from today when the interest rate is 10%

$14400

Step-by-step explanation:

Given data

Principal= 6000

Time= 14 years

Rate= 10%

Let us use the simple interest expression to find the final amount

A=P(1+rt)

substitute

A=6000(1+0.1*14)

A=6000(1+1.4)

A=6000*2.4

A=$14400

Hence based on a simple interest model the final amount is $14400

well there are two answers for that.

1: you need 120 ones then that will equal up to 120.

2: you could also do one 100 and 2 tens.

those are the answers that i have thought of.