Answer:
$3456
Step-by-step explanation:
We are given;
- Money deposited (principle) as $2,700
- Rate of interest is 3.5%
- Time is 8 years
We are required to determine the amount that will remain after 8 years
- We first need to determine the interest earned after eight years using the simple interest formula.
Simple interest = (Principle × rate × interest periods) ÷ 100
Therefore;
Interest = ($2,700 × 3.5% × 8 yrs)÷ 100
= $756
Then determine the amount after 8 years
Amount = Principle + Interest
Therefore;
Amount = $2700 + $756
= $3,456
Therefore, the money in the account after 8 years is $3456
Answer:
14/3 or 14:3
explanation of LIFE jk jk
I am very sorry if I am wrong
When it's laid out like that. 2 division statements on either side with one unknown variable you just cross multiply really easy
5 x 24 / 6 = 20
Take the number that's on the same position of the x thats 5 then multiply it to the numerator or denominator of the x thats 24 then divide it to its denominator thats 6
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Step-by-step explanation:
