3 years ago

Am I correct here? All answers will be greatly appreciated!

Mathematics

1 answer:

Rufina [12.5K]3 years ago

8 0

Answer:

yes i believe you are correct

Step-by-step explanation:

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A principal of 750$ is invested in an account at 9% per year simple interest. What is the account total after 5 years

balandron [24]

Hi there
The formula of the future value of simple interest is
A=p (1+rt)
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R interest rate 0.09
T time 5years
So
A=750×(1+0.09×5)
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Good luck!

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Am I correct here? All answers will be greatly appreciated!​

Am I correct here? All answers will be greatly appreciated!