Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Marie borrows $2000 at 4% simple interest for 17 months. What formula should you use to calculate the amount should pay back?
a. SI = P(1 + rt)
b. CI = P(1 + r/m)mt
c. FV = PMT((1 + r/m)mt - 1) (r/m)
d. PV = PMT(1 - (1 + r/m) - mt) (r/m)

Sagot :

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.