Let me see what I come up with.
The formula to be followed for the calculation of simple interest is F = P (1 + in) where F is the future worth, P is the present worth, i s the annual interest rate and n is the number of years. In this case, F = $275 * (1+ 0.08*16) = $627. The interest earned is $627 - <span>$275 equal to $352.</span>
Answer:$40,861
Step-by-step explanation:
40,000+800+61=$40861
Answer: B
explanation: B is the right answer because it passes the vertical line test while the others do not. the others would have more than one outcome for the same income, therefore it wouldn’t be a function