storled soving to pay for your children? sty' costsin s Fear's thme your first entw we 3600 per year after shach your y plyments increased ly 360 p each If if the expected interest rate per is 10% the amount that you tnect 1 to the neants rand on maturtty -

The principal P is borrowed at a simple interest rate r for a period of time t. Find the loans future value A, or the total amount due ay time t. P= $7000 , r= 4.0%, t= 4 months

D Use the compound interest to determine the final Value of the given amonnts i) $ 850 "at sl. compounded daily for 18 years veedad The final Value is $ a Grond to nearest cent'as in) $ boo at 6%. Componnded continously years. for 10 JThe final' valne is 4( heded (ronnd to the reaest cent as

de fosit $lo,00o in an account earning You 4% interest Compounded monthly 9 How mich will you have in the account in 25years bittow much interest will you earn