3 years ago

John put $200 in an account that earns 4% simple interest every year. How much money will be in the account after 8 years ?

Mathematics

1 answer:

kifflom [539]3 years ago

4 0

A year is $200 so if you add it will be $16,000 after 8 years

You might be interested in

Which point lies on the graph of Y= 4x-4<br> 1.(0,4)<br> 2.(0,-4)<br> 3.(-4,0)<br> 4.(4,0)

statuscvo [17]

Answer:

Step-by-step explanation:

$y=4x-4\\\\\text{Substitute the coordinates of each points to the equation}\\\text{and check the equality.}\\\\1.\ (0,\ 4)\to x=0,\ y=4\\\\4=4(0)-4\\4=0-4\\4=-4\qquad\bold{FALSE}\\\\2.\ (0,\ -4)\to x=0,\ y=-4\\\\-4=4(0)-4\\-4=0-4\\-4=-4\qquad\bold{TRUE}\\\\3.\ (-4,\ 0)\to x=-4,\ y=0\\\\0=4(-4)-4\\0=-16-4\\0=-20\qquad\bold{FALSE}\\\\4.\ (4,\ 0)\to x=4,\ y=0\\\\0=4(4)-4\\0=16-4\\0=12\qquad\bold{FALSE}$