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$35,800 at 8.2% for 3 years simple and compound interest.

 Mar 23, 2015

Best Answer 

 #1
avatar+118613 
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$35,800 at 8.2% for 3 years simple and compound interest.

 

i=r=0.082    n=t=3     P=35800

 

compound interest

FV=P(1+r)^n

 

simple interest

I=Prt

FV=P+I

 

Now you can do it yourself :)

 Mar 23, 2015
 #1
avatar+118613 
+5
Best Answer

$35,800 at 8.2% for 3 years simple and compound interest.

 

i=r=0.082    n=t=3     P=35800

 

compound interest

FV=P(1+r)^n

 

simple interest

I=Prt

FV=P+I

 

Now you can do it yourself :)

Melody Mar 23, 2015

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