Answer:
**If the interest is by year then this should work
The interest is $15600 and the amount is $80600.
Step-by-step explanation:
Problem
You deposit $65000 into a bank account paying 6% simple interest per year. You left the money in for 4 years. Find the interest earned and the amount at the end of those 4 years?
Result:
The interest is $15600 and the amount is $80600.
Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:
The value of the investment after 5 years is $315.24 to the nearest cent.
Answer:
A. 14
Step-by-step explanation:
Answer:
I can't help if there is no question.
Step 1. You must write down/ underline all the numbers given in the problem.
Step2. Identify all the unknown variable such as x, y, a, b [those are the most common ones].
Step 3 Identify what sign of operation your working with... It can be +,-,×,÷.
Step 3 write down all your terms on the LHS of the equation.
Step 4. Equate all the constant on the RHS of the equation. If the constant was negative It would be positive and vic versa
Step. Solve your problem
