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Digiron [165]
3 years ago
5

Rewrite 3/4 and 7/6 so they have a common denominator

Mathematics
1 answer:
almond37 [142]3 years ago
5 0

Answer:

9/12 14/12

Step-by-step explanation:

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16. Find the final balance in an account with $730 invested at 3% annual simple interest for 4 years. (1 point) $735.48 $87.60 $
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Answer:

$817.60

Step-by-step explanation:

Simple interest has the formula:

Simple Interest = Principal * rate * time

here,

Principal amount is $730

The rate of interest is 3%, which is 3/100 = 0.03

The time length in years is given as 4

We find the interest amount first:

SI = P * r * t

SI = 730 * 0.03 * 4

SI = 87.6

We are asked to find FINAL BALANCE, which is PRINCIPAL + INTEREST

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