Use the future value formula, Upper S equals Upper P left parenthesis 1 plus rt right parenthesisS=P(1+rt),
to find the maturity value of
$1254.001254.00
invested at
3.9 %3.9%
p.a. from
June 17 comma 2018 commaJune 17,2018,
to August 31 comma 2018.August 31,2018.
The future value is $nothing.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Krista borrowed $20 comma 66220,662.
The loan is to be repaid by three equal payments due in
97 comma97,
144 comma144,
and
279279
days from now respectively. Determine the size of the equal payments at an interest rate of
7 %7%
with a focal date of today.
The size of the equal payments is $nothing.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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