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lara [203]
3 years ago
13

Please help it is due at 4:15

Mathematics
1 answer:
denpristay [2]3 years ago
7 0

Answer:

$2720

Step-by-step explanation:

Interest = P×R×T /100

= 2000×12×3 /100

=72000/100 = $720

Amount = Principal + Interest

= $2000+$720 =$2720

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What number is 54% of 125 type an integer or a decimal round to the nearest tenth
eimsori [14]
Answer is 67.5

To get this you must first turn 54% into a decimal.
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4 0
3 years ago
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Need help, I did a similar problem and got it wrong soo...
Karo-lina-s [1.5K]
Percent change = (new number - old number)/(old number) * 100

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3 years ago
A youth group earns $600 for charity and decides to put it in a bank. Calculate the amount of money the group will have for each
igomit [66]

Based on the types of compounding and the interest rates, the following are true:

  • Part A - The group will have $750
  • Part B - The group will have $759.19

When using simple interest, the amount the group will have is:

<em>= Amount x ( 1 + rate x number of years )</em>

= 600 x ( 1 + 5% x 5)

= $750

When using compound interest, the group will have:

<em>= Amount x ( 1 + rate) ^ Number of years</em>

= 600 x ( 1 + 4%)⁶

= $759.19

In conclusion, compound interest yields more.

<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>

4 0
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