20 because 12 divided by 3 is 4. then you multiply 5 by 4. and you get 20.
Use Cymath to find your answer
Answer:
...
Step-by-step explanation:
Answer:
$793
Step-by-step explanation:
The amount of money in an account earning simple interest is given by the formula ...
A = P(1 +rt)
where P is the principal invested at rate r for t years.
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Using the values given in the problem statement, the account balance can be found to be ...
A = $650(1 +0.055×4) = $650×1.22 = $793
There will be $793 in the account after 4 years.