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Anettt [7]
3 years ago
6

A. Find the interest earned. b. Find the balance of the account $300 at 4% for 3 years

Mathematics
1 answer:
yawa3891 [41]3 years ago
3 0

Answer:

a. $36

b. $336

Step-by-step explanation:

The simple interest on a amount is:

A=P(1+rt)

A is the amount after interest, P is the amount before interest, r is the rate of interest and t is the time in years.

a.

We can use the formula:

The interest earned is the amount after interest minus the original amount before interest:

$36 of interest was earned

b.

The balance of the account is $336 worked out in a

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<h3>How to calculate the y-intercept and horizontal asympototes</h3>

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For the horizontal  asymptote of g(x) = 3x + 4

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Learn more on asymptotes here: brainly.com/question/4138300

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4 0
3 years ago
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