Future Value of a Simple Interest Loan

What is the future value of a $2,800 loan to be repaid in 8 months at an annual interest rate of 9%?

$2,831

$2,034

$2,968

$3,052

Hint

Did You Know?

Explain Why

Explain All Answers

Check Answer

Show Correct Answer

Report Question

Question Leaderboard

Not enough data yet to show leaderboard.

AI Tutor 9:16 AM

How can I help?