Yolanda deposited 2130 into an account she made no additional deposites or withdrawals yolanda earned 4.25% annual simple intere
st on the money in her account What was the balance in dollars and cents in yolandas account at the end of 4 years
1 answer:
Answer:
$2492.1
Step-by-step explanation:
Step one
Given
Principal=$2130
rate= 4.25%= 0.0425
time = 4 years
Required:
The final amount in the account
Step two:
the expression for the final amount is
A= P(1+rt)
substitute
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