it takes 3 years.formula interest =PRT/100 so its 252 =1200 times 7 times T all over 100 then multiply by 100 both sides to get 25200=8400T devide by 8400 both sides to get 3
Answer: y = 2x + 5
Step-by-step explanation:
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Answer is D.
Last one...
hope it helps
For simple interest, the formula is I = PRT, where I = interest, P = principal borrowed or deposited, R = rate as a decimal, and T = time in years.
Your information:
I = (870)(0.08)(5)
I = 348
Add the interest to the principal for your total balance
348 + 870 = $1218 will be the total balance in the account.