Complete the table. P 15,000 P 15,000 5% r 5% SIMPLE INTEREST Solution Interest COMPOUND INTEREST...

 

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Complete the table. P 15,000 P 15,000 5% r 5% SIMPLE INTEREST Solution Interest COMPOUND INTEREST Solution Future Value Interest Future Value C. Find the actual time and approximate time from August 25, 2019 to April 11,2020. P 15,000.00 15,000.00 15,000.00 P 15,000.00 15,750.00 16,537.50 r r 5% 5% 5% 5% 5% 5% t t Simple Interest Solution 11 =15,000 x 5% x 1 11 =15,000 x 5% x 1 11 =15,000 x 5% x 1 Compound Interest Solution 11 =15,000 x 5% x 1 11 =15,750 x 5% x 1 11 16,537.50 x 5% x 1 Interest Future Value 750.00 15,750.00 750.00 16,500.00 750.00 17,250.00 Interest Future Value 750.00 787.50 826.88 15,750.00 16,537.50 17,364.38 Complete the table. P 15,000 P 15,000 5% r 5% SIMPLE INTEREST Solution Interest COMPOUND INTEREST Solution Future Value Interest Future Value C. Find the actual time and approximate time from August 25, 2019 to April 11,2020. P 15,000.00 15,000.00 15,000.00 P 15,000.00 15,750.00 16,537.50 r r 5% 5% 5% 5% 5% 5% t t Simple Interest Solution 11 =15,000 x 5% x 1 11 =15,000 x 5% x 1 11 =15,000 x 5% x 1 Compound Interest Solution 11 =15,000 x 5% x 1 11 =15,750 x 5% x 1 11 16,537.50 x 5% x 1 Interest Future Value 750.00 15,750.00 750.00 16,500.00 750.00 17,250.00 Interest Future Value 750.00 787.50 826.88 15,750.00 16,537.50 17,364.38

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