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2 years ago

12

Please answer the question

1 answer:

raketka [301]2 years ago

7 0

Interest is $1,320. <span><span>P is the principal amount, $6,600.
</span><span>r is the interest rate, 4% per year, or in decimal form, 4/100=0.04.
</span><span>t is the time involved, 5 years time periods.
</span><span>So, t is 5 year time periods.

</span></span>I= p x r x t

In order to get the final number just add $1,320 + $6,600 which is $7,920

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