We can use the interest formula:
Let i = interest.
Let p = principal
Let r = interest rate
Let t = time.
I = p × r × t. Plug in our numbers
6.5% = 0.065
I = $4,000 × 0.065 × 3 = $780.
He will pay $780 in interest after 3 years.
The answer is <span>251,000</span><span />
P = principal (initial amount), r = rate of interest, and t = time
So, A = 3000(1+0.025)^4
Answer: $3,311.44 (approximately)
Answer:
Ij and 8
Step-by-step explanation: