For simple interest, the formula is I = PRT, where I = interest, P = principal borrowed or deposited, R = rate as a decimal, and T = time in years.
Your information:
I = (870)(0.08)(5)
I = 348
Add the interest to the principal for your total balance
348 + 870 = $1218 will be the total balance in the account.
Answer:
ok so
Step-by-step explanation:
8x + 7 + 7x - 2=90=>
=> 15x+5= 90
=> 15x=90 - 5=>
=> 15x =85= x= 5.6666...
You posted a formula with no equation, there’s no way to answer your question
Answer:
$48.15
Step-by-step explanation:
7% of 45 is 3.15. so 45 + 3.15= 48.15