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Marie borrows $2000 at 4% simple interest for 17 months. What formula should you use to calculate the amount should pay back? a. SI = P(1 + rt) b. CI = P(1 + r/m)mt c. FV = PMT((1 + r/m)mt - 1) (r/m) d. PV = PMT(1 - (1 + r/m) - mt) (r/m)
Sagot :
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