2 y - 8 / 3 equals a + 3 B / 4 solving for y
1 answer:
You might be interested in
Answer:
Final answer is $1280.
Step-by-step explanation:
Given that $250 is invested at an interest rate of 10.3% for 40 years.
Now we need to determine the amount of that investment after 40 years.
It doesn't say anything about compounding period so I will consider that as simple interest.
Hence let's use simple interest formula:
Where amount invested = P = 250
rate of interest = R = 10.3% = 0.103
Time = T = 40 years
Now plug these values into above formula
Hence final answer is $1280.