Given the formula FV = P + Prt, what is the future value of a savings account that had an initial deposit of $7,900 earning 6.5% simple interest for 4 years?
$10,074.23
$9,954.00
$9,376.85
$10.756.43
None of these choices are correct.
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Option 2). is correct : $9,954.00
Explanation : refer to the attachment!!^
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