find the present value using the present value formula and a calculator achieve 8000 in three years at 95 simple interest
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find the present value using the present value formula and a calculator achieve 8000 in three years at 95 simple interest
VIDEO ANSWER: So we want to achieve 8 ,000 in three years at 9 .5 % interest, and we're using simple interest. So simple interest is equal to principal times r…
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