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castortr0y [4]
4 years ago
5

You deposited $100 in a savings account 3 years ago. The simple interest rate is 2.3%. How

Mathematics
2 answers:
timurjin [86]4 years ago
6 0

Answer:

100 x 1.023 = $102.30

Diano4ka-milaya [45]4 years ago
6 0

Answer:

<u>Final </u><u>B</u><u>alance</u><u> </u><u>=</u><u> </u><u>106.9</u><u>0</u><u>$</u>

Step-by-step explanation:

Using the simple interest formula I = prt.

The current balance after accumulated interest is B = I + p.

Given a principle of $100, time of 3 years, and interest rate of 2.3%.

I = (100$)(3y)(2.3%) = (100)(3)(2.3%) = (300)(2.3%) = (300)(0.023) = 6.90$

B (final balance) = 6.90$ + 100$ = <u>106.90$</u>

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Step-by-step explanation:

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Assoli18 [71]

Answer:

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3 years ago
A batch of snack mix made of dried fruit and nuts contain 744G of nuts the ratio of nuts to dried fruit by weight is 12 to 13 ho
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