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lara
[203]
3 years ago
7
Mitchell deposited $651.37 in a savings account that earns 3.9% simple interest what is Mitchell's account balance after 15 year
s
Mathematics
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answer:
Ira Lisetskai
[31]
3 years ago
4
0
The formula to find the account balance is
A=p (1+rt)
A account balance?
P amount deposited 651.37
R interest rate 0.039
T time 15 years
A=651.37×(1+0.039×15)
A=1,032.42
Hope it helps!
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