Rosiecontridasviz
Answered

Leony invested 25,000.00 at 16% simple interest for 6 years.What is the future value of the investment at the end of 6 years?​

Sagot :

Hazel200415viz

Answer:

49,000

Step-by-step explanation:

25,000 × (.16 × 6)

25,000 × .96

24,000 = interest for 6 years

25,000 + 24,000

49,000 = future value