Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. if you lend 3500 to a friend for 15 months at 8 an

If you lend 3500 to a friend for 15 months at 8 annual simple interest...

60.1K

Verified Solution

Question

Basic Math

image

If you lend 3500 to a friend for 15 months at 8 annual simple interest find the future value of the loan

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Mr Smith is struggling to repay his loan of K200,000 with payments of K4,279 made monthly...

Finance
Q

HClO is a weak acid (Ka = 4.0 × 10–8) and so the salt NaClO...

Chemistry
Q

What are some positive outcomes of intercultural conflict? Think about a recent example in your own...

Psychology
Q

2 An impulse J is applied on a ring of mass m along a line...

Physics
Q

You are in a zombie-themed paintball shooting range, armed with a spring-loaded paintball gun. The...

Physics
Q

Consider the function 46 HE Which equation represents g x A g x lx 21...

Basic Math
Q

Is the data normally distributed If so estimate the mean 00 242 6044 0 2...

Statistics
Q

If a x b y c then the maximum value of xy is

Statistics
Q

7 Write an equation of the line that passes through the given point and is...

Calculus
Q

What are the major tax and accounting differences (for the corporation and for the shareholder)...

Accounting
Q

Can the American Opportunity Credit be claimed for graduate school?

Accounting
Q

P 8-36 (similar to) Fabulous Fabricators needs to decide how to allocate space in its...

Finance