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3 years ago

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1. Mr. Davis deposited $1,250 into an account. He made no additional deposits or withdrawals. Mr. Davis earned 4.25% annual simp

le interest on the money in the account. What was the balance in dollars and cents in Mr. Davis’ account at the end of 4 years? (Use your STAAR chart to find formula)

1 answer:

notsponge [240]3 years ago

4 0

Answer:

At the end of 4 years, Mr Davis will have $1462.50 in his account

Step-by-step explanation:

Simple Interest SI = (Principal P × Rate R × Time T)/100

SI = (P × R × T)/100

P = $1250, R = 4.25%, T = 4 years

SI = ($1250 × 4.25 × 4)/100

SI = (21250)/100

SI = $212.50

The balance will therefore be

$1250 + $212.50 = $1462.50

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Answer:

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Step-by-step explanation:

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Which is the required notation.

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At first,Ben had $90 and Chandra had $48 .each bought a shirt at the same price.the amounts of money Ben and chandra had left we

antiseptic1488 [7]

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3 years ago

What is the slope of a line that is perpendicular to a line whose equation is 3y=−4x+2 ?

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we know that

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