1 answer:
Answer:
$2400
$12,400
Step-by-step explanation:
Simple interest equation:
PV(1+it)
we have
10000(1+.06*4)
10000(1.24)
12400
Subtract the PV to get the interest earned
12400-10000= 2400
We just found that the total would be 12,400 and so part B is already solved
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here u go! i hope this is correct :)