Answer:
6%
Step-by-step explanation:
The multiplier on George's money is ...
$708/$600 = 1.18
This value is ...
1 + rt = 1.18 . . . . . for t = 3
3r = 0.18 . . . . . . subtract 1; next divide by 3
r = 0.06 = 6%
The simple interest rate on George's account is 6%.
Answer: B) 6462.32
Step-by-step explanation:
Compound interest can be calculated via the attachment.
Hope it helps <3
FG = FE
3n - 4 = n + 8
2n = 12
n = 6
FG = 3(6) - 4
FG = 18 - 4
FG = 14
answer
14