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VARVARA [1.3K]
3 years ago
11

Boden's account has a principal of ​$500 and a simple interest rate of 4.2​%. Complete the number line. How much money will be i

n the account after 4​ years, assuming Boden does not add or take out any​ money?
Mathematics
1 answer:
Sergeu [11.5K]3 years ago
6 0
<h2>Answer:$66.00</h2>

Step-by-step explanation:first we need multiply :D I will use the formula I =prt

principal= $500

rate=3.3%

time= 4 years

but we need to convert the percent, 3.3%, to a decimal

3.3%=0.033 or .033

now we multiply !

500 × 0.033 × 4 = 66 = $66.00

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