Future value = p × (1+ i)t

`"present value" = "p" / (1 + i)^"t"`

you want to deposit $12,000 in a bank at an interest rate of 8 percent per year. what is the future value of this money after five years?

a.
$15,315.38
b.
$17,631.94
c.
$16,830.62

If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. consider a standard 28% front-end ratio and a 36% back-end ratio. also, to complete your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.

From the beginning of the day the temperature rose 15 degrees so that by 4 pm it was 87 degrees. what was the temperature at the start of the day

At the county fair, the baxter family bought 6 hot dogs and 4 juice drinks for $12.90. the farley family bought 3 hot dogs and 4 juice drinks for $8.55. find the price of a hot dog and the price of a juice drink.