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AVprozaik [17]
3 years ago
14

paul deposited 1,200$ into an account that earns 1.5% in annual simple interest. If paul does not make any deposites or withdraw

ls how much money will paul have in his account in 2 years?
Mathematics
2 answers:
Free_Kalibri [48]3 years ago
7 0
The formula is
A=p (1+rt)
A future value?
P present value 1200
R interest rate 0.015
T time 2 years

A=1,200×(1+0.015×2)
A=1,236

Hope it helps!
aliina [53]3 years ago
5 0
1236.27 is the correct answer
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<h3>Answer: Choice C</h3>

=================================================

Explanation:

For choice C, the x values are out of order, so it might be tricky at first. I recommend sorting the x values from smallest to largest to get -2, -1, 0, 1, 2. Do the same for the y values as well. Make sure the correct y values stay with their x value pairs. You should get the list of y values to be 4, 2, 1, 1/2, 1/4

Check out the attached image below for the sorted table I'm referring to

We can see the list of y values is going down as x increases. This is a good sign we have decay. Further proof is that we multiply each term by 1/2 to get the next one

4 times 1/2 = 2

2 times 1/2 = 1

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