Marissa wants to know how much she would make using the simple interest calculation.
She will have $4,432.35
Given data
Principal = $3,900
Time = 7 years 6 months = 7.5 years
Rate = 1.82%
I = A - P = $532.35
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 1.82%/100 = 0.0182 per year.
Solving our equation:
A = 3900(1 + (0.0182 × 7.5)) = 4432.35
A = $4,432.35
The total amount accrued, principal plus interest, from simple interest on a principal of $3,900.00 at a rate of 1.82% per year for 7.5 years is $4,432.35.
Learn more about simple interest here:
brainly.com/question/20690803
Answer:3.9
Step-by-step explanation:
you have to add the decimal to the exponent
Answer:
12.6
Step-by-step explanation:
The answer is 12.6 and here is the explanation of using the Distributive Property. Because we are multiplying a whole number by a mixed number, we have to multiply the whole number by the whole number in the mixed number and then multiply the whole number by the fraction. In this case, we have 3 x 4 1/5. We multiply 3x4=12 first, and then we multiply 3x1/5 to get 0.6. 12+0.6=12.6. Hope it helps!
