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irakobra [83]
3 years ago
15

if $38 is invested at a simple interest rate of 2% per year, what would the total account balance be after forty years?

Mathematics
1 answer:
Debora [2.8K]3 years ago
6 0

The answer is$30.40

I=P×R×T

I=38×.02×40

I=30.40

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Hello! To solve this problem, we can write and solve an equation. Set it up like this:

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tiny-mole [99]

The solutions to the respective equations shown in the image are 220, 41, -52, 1.385 and 11

<h3>What is an equation?</h3>

An equation is an expression that shows the relationship between two or more numbers and variables.

a) 23 + (-16) + 42 * 5 - (-3)

= 23 - 16 + 210 + 3 = 220

b) -6(12 - 15) + 23

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c) -50 + (-10) + (5 - 3)4

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= 3 + 8

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The solutions to the respective equations shown in the image are 220, 41, -52, 1.385 and 11

Find out more on equation at: brainly.com/question/2972832

#SPJ1

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