compute the simple interest INT for the specified lengh of time and the future value at...

compute the simple interest INT for the specified lengh of time and the future value at the end of that time (in dollars) $3000 is invested for 14 years at 6% per year

Expert Solution

Simple interest=Principal*Interest rate*time period

=3000*6%*14

which is equal to

=$2520

jeff jeffy answered 2 years ago

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