Find the present value of a debt of RM35000 due in 9 months if money valued at 4% simple interest.
Answers
Answered by
0
Answer:
RM47,600
Explanation:
I = Prt
= 35,000×4%×9
=12,600
F = P + I
= 35,000 + 12,600
= RM47,600
Present value = RM47,600
Similar questions
English,
9 days ago
English,
9 days ago
Business Studies,
9 days ago
Math,
19 days ago
Social Sciences,
9 months ago
English,
9 months ago
Math,
9 months ago