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timama [110]
1 year ago
6

Find the interest PLEASE: $194 at 7% each year for 13 years

Mathematics
2 answers:
AURORKA [14]1 year ago
8 0
Solved your answer is 8
Nikitich [7]1 year ago
3 0

Answer:

Step-by-step explanation:

the answer is

$194 (start) / <u>100 (100%)</u> = $1.94 (1%)

$1.94 * 7 = $13.58 (7%)

$13.58 * <u>13 (13 years)</u> <em>= $176.54 </em>

$194 (start) + <u>$176.54 (interest)</u> <em>= $370.54</em>

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