SIMPLE INTEREST AND DISCOUNT - OpenStax CNX
A = FV of a lump-sum C = FV of an annuity E = Installment payment. B = PV of a lump-sum D = Sinking fund payment F = PV of an annuity. For the following problems, Classify, by writing the appropriate letter in the box, and writean equation for solution. 1) What monthly deposits made to an account paying 9% will grow to $10,000 in 4 years? ................
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