given that fv 15t 200 for what annual interest rate r as a percent is this the equation of futur

Name: given that fv 15t 200 for what annual interest rate r as a percent is this the equation of future value in dollars as a function of time t in years
Uploaded: 2023-12-11T03:03:14-08:00
Duration: 1 min 43 s
Channel: Penny Riley
Description: given that fv 15t 200 for what annual interest rate r as a percent is this the equation of future value in dollars as a function of time t in years

Question

Jon Southam · Accepted Answer

First, we know that the formula for future value (FV) is FV = PV(1 + r)^t, where PV is the prese

Question

Given that FV = 15t + 200, for what annual interest rate r (as a percent) is this the equation of future value (in dollars) as a function of time t (in years)?

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