Given :
James puts $3,500 into a savings account that earns 2.5% simple interest.
He does not touch that account for 3 years.
To Find :
The new balance of the account be after 3 years.
Solution :
Interest on $3500 after 3 years is :
So, new balance of the account after 3 years is $( 3500+262.5 ) = $3762.5 .
Hence, this is the required solution.
Answer:
-1, 0, 0.1, 1
Step-by-step explanation:
-1 is a negative value, which makes it before 0
0.1 is less than 1 but more than 0
Hey there! I'm happy to help!
We have the number -28 and we are subtracting 3 from it. This means we are going even further into the negatives, so it is -31.
Have a wonderful day! :D
Answer:
C. $80
Step-by-step explanation:
A. $70
B. $65
C. $80
D. $75
When he pays $70 monthly
Number of months = $2330 / $70
= 33.3 months
When he pays $65 monthly
Number of months = $2330 / $65
= 35.9 months
When he pays $80 monthly
Number of months = $2330 / $80
= 29.1 months
When he pays $75 monthly
Number of months = $2330 / $75
= 31.1 months
The monthly amounts that will allow Arthur to pay off his balance the fastest is $80 per month
Answer:
22.95
Step-by-step explanation:
