Calculate answers to the following scenarios:
a.To what amount will an $800 deposit grow,assuming an APR of 9 percent paid annually,5 years,and simple interest?
b.To what amount will a $500 deposit grow,assuming an APR of 10 percent paid semiannually,three years,and simple interest?

Question

Quizplus · Accepted Answer

The Answer of Calculate answers to the following scenarios:
a.To what amount will an $800 deposit grow,assuming an APR of 9 percent paid annually,5 years,and simple interest?
b.To what amount will a $500 deposit grow,assuming an APR of 10 percent paid semiannually,three years,and simple interest?

Calculate Answers to the Following Scenarios