Homework Help: Math

Posted by james on Friday, October 5, 2012 at 7:06pm.

what is the future value of $8000 a year for 28 years at 7.5%

Math - Allison, Friday, October 5, 2012 at 7:20pm
you take the principal multiplied by the rate by the time. That equals the interest and then you add it to the principal that is the future total
Math - Reiny, Friday, October 5, 2012 at 7:49pm
amount = 8000( 1.075)^28 = $60,607.59
Math - sara cardoso, Thursday, October 11, 2012 at 5:13pm
I like math

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