2 years ago

1675 at 4.6% for 4 years What is the balance

1 answer:

4 0

Amount of Interest (I) = P * R * T /100
I = 1675 * 4.6 * 4 /100
I = 308.20

Balance = Initial amount + Interest amount
B = 1675 + 308.20 = 1983.20

In short, Your Answer would be $1983.20

Hope this helps!

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