The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
#SPJ1
The answer is B: (x-1)(x-6)(x+6)
Answer:
no idea sorry!!
Step-by-step explanation:
i think its the third but not sure
Answer:
2
Step-by-step explanation:
6 plus 7 equals 13
9 plus 9 equals18
18 subtract 6 equals 13
13 subtract 12 equals 1
Answer:
-41/104
Step-by-step explanation:
Simplify 3/8 and 10/13 then calculate the least common multiple, calculate multipliers, make equivalent fractions and Add fractions that have a common denominator for your final answer.
