Answer:
A
Step-by-step explanation:
$17.80 in 1 hr
$1 in 1/17.80 hr
$675.00 in 675.00/17.80 hr
37.9 hours
Which is 38 hours after rounding it.
Answer:
option A
Step-by-step explanation:
given,
the bank branch is offering $1,000 certificates of deposit.
Rate of interest per year = 4 % = 0.04
The bank is selling certificates with terms of 1, 2, 3, or 4 years
total amount = A , in dollar
time of investment = k years
4 k% is added to the original deposit.
A = P + P r t
A = P (1 + r t)
A = P (1 + 0.04 k)
the correct answer is option A
