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Semmy [17]
3 years ago
15

HELPP!!! 65 points GIVIN

Mathematics
1 answer:
WITCHER [35]3 years ago
5 0

its 3 1/4 you will thank me later :)

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Answer:

$817.60

Step-by-step explanation:

Simple interest has the formula:

Simple Interest = Principal * rate * time

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Principal amount is $730

The rate of interest is 3%, which is 3/100 = 0.03

The time length in years is given as 4

We find the interest amount first:

SI = P * r * t

SI = 730 * 0.03 * 4

SI = 87.6

We are asked to find FINAL BALANCE, which is PRINCIPAL + INTEREST

So,

Final Balance = 730 + 87.6 = $817.60

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