Isabel purchases a T bill that earns 1.4% simple interest that will be worth $30,000 in 10 years. How much did she pay for the T bill? 5 years ago, John invested $10;000 at 3.4% compounded quarterly. How much is in his account today? How long will it take $5000 to triple if it is invested at 7.5% compounded continuously?

Answer rating: 100% (QA)

1 Isabels T Bill Given Future Value FV 30000 Interest Rate r 14 0014 as a decimal Time t 10 years Us... View the full answer