Which expression is equivalent to the one below?
1 answer:
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I’m not sure if this is correct but here is a picture of what I think the answer might be. P.S my handwriting is not neat
Answer: $3,484 <em>(I hope this is the correct way to do it)</em>
Step-by-step explanation:
The formula is:
- SI = simple interest
- P = principal amount = $13,400
- R = interest rate (in percentage) =
% = 6.5%
- T = time duration (in years) = 4 years
<em>If you want to find the total amount, add the principle amount and the interest.</em>
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