How much have in account at the end of the seventh year
Mary just deposited $33,000 in an account paying 7% interest. She plans to leave the money in this account for eight years. How much will she have in the account at the end of the seventh year?
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She plans to leave the money in this account for eight years. How much will she have in the account at the end of the seventh year?
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The loan will be repaid with a single payment after 5 years, and the interest on the loan will be computed using the simple interest method at an annual rate of 8 percent. How much will Robert have to pay in 5 years?
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