bewellplus.gsu.edu
Anonymous Anonymous
  • 08-03-2017
  • Mathematics
Answered

An account earns simple interest.

$300 at 4% for 3 years.

Find the balance of the account.

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ItzelPosada
ItzelPosada ItzelPosada
  • 08-03-2017

I think the answer is 36

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carleetheunicorn carleetheunicorn
  • 08-03-2017

Since simple interest is A=P(1+rt) you would plug it in: A=300(1+.04 x 3) do the work which ends up equaling 336

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