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Vadim26 [7]
3 years ago
15

Please help.................

Mathematics
1 answer:
Leni [432]3 years ago
4 0

Answer:

Is that thick line an equal or a minis sign? I cant see it.

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Use the compound interest formula to determine the final value of the given amount.
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Answer:

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3 years ago
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IIULIVUT
Vladimir [108]

Given:

Investment (P) = $10000

Rate of interest (R) = 3.5%

Time (T) = 7 years

To find:

Amount in the account after 7 years

Solution:

Simple interest formula:

$I=\frac{PRT}{100}

$I=\frac{10000\times3.5\times7}{100}

$I=\frac{10000\times3.5\times7}{100}

I= 2450

Simple interest = $2450

Amount = Investment + Interest

             = 10000 + 2450

             = 12450

Therefore $12,450  will be in the account after 7 years.

3 0
3 years ago
Can someone help me? I’ll mark you!
Vilka [71]

Answer: B

Step-by-step explanation:

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3 years ago
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