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seraphim [82]
2 years ago
8

jorden linvested $800 in a savings account. The intest rate id 6%per. Find the simple intrest earned in 3 years. then find the t

otal prinabal plus interst
Mathematics
1 answer:
ExtremeBDS [4]2 years ago
7 0

Answer:

  • interest: $144
  • principal plus interest: $944

Step-by-step explanation:

The amount of interest is found using the simple interest formula. That is added to the principal to find the total account balance.

__

<h3>Interest</h3>

  I = Prt . . . . . P = principal, r = annual rate, t = number of years

  I = $800·0.06·3 = $144

The simple interest earned in 3 years is $144.

__

<h3>Principal plus interest</h3>

Adding that to the principal gives ...

  $800 +144 = $944

The total principal plus interest is $944.

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x = 11                x = 5

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