Hello :) please refer to the pic below!
Answer:
the answer is $40.5
Step-by-step explanation:
the basic formula of finding our interest is I = PxRxT
P (principal) = 675
R (rate) = 10% (we have to turn it into a decimal which is 0.010)
T (time) = 6 years
so :
I = 675 x 0.010 x 6
I = 40.5
1.5, 2.25, 3.375, 5.0625, 7.59375... and so on
Answer:
$54.26
Step-by-step explanation:
Convert the percentage into a decimal by moving the decimal point 2 places to the left or divide by 100.
This will give you .0825.
Multiply this number by $50 and add it to it
