Answer:
$5504
Step-by-step explanation:
Given that :
Principal amount = $500
Interest = 4% simple interest annually
Amount added at the end of each year :
First year:
Principal + (Principal * rate * time)
500 + (500 * 0.04) = 520
$520 + $250 = $770
2nd year:
770 + (770 * 0.04) = $800.80
$800.80 + $250 = 1050.80
3rd year:
1050.8 + (1050.8 * 4) = 5254
$5254 + 250 = $5504
Answer:
-3*3=-9
Step-by-step explanation:
$32,750.00 + $375.00 = $33,125.00
6% of that is $1,987.50 (33,125 x 0.06)
$1,987,50 + $33,125 + $50=
$35,162.50
Y = -2 + 6 should be the equation
