Find the amount of money in savings account if $3200 was deposited for 3 years at 40% interest compounded annually. Find the int erest
1 answer:
Step-by-step explanation:
Formula for compound interest is given by
Where
A is the amount at the end of the period
P is the principal
R is the rate
n is the period
The interest = A - P
From the question
P = $ 3200
n = 3 years
R = 40%
So we have
A = $ 8780.80
<h3>The amount is
$ 8780.80 </h3>
The interest is
$ 8780.80 - $3200
<h3>= $ 5580.80</h3>
Hope this helps you
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Step-by-step explanation:
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Step-by-step:
Equation: 350 + 14 x 70
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Hope this helped! <3
So if Caelyn collected 21 shells in total and her brother collected 4 times as much all you need to do is multiply 21 by 4 and you get your answer which is 84
Answer:
81
Step-by-step explanation:
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