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Stels [109]
3 years ago
11

Find the balance of a savings account after 2.5 years if the simple interest earned each quarter is 0.35% and the principal is $

450. The balance after 2.5 years is $
Mathematics
2 answers:
dlinn [17]3 years ago
3 0

Answer:

The balance of the account is $1335.6

Step-by-step explanation:

To find the new balance of the account after 212 years, we use simple interest formula to calculate that.

Principal = 450

Rate = 0.35% quarterly = (0.35*4) annually = 1.4% = 1.4 / 100 = 0.014

Reason why the rate was converted from quarterly to annually is because simple interest are calculated annually

T = 212 years

Simple Interest (S.I) = ?

S.I = PRT

S.I = 450 * 0.014 * 212

S.I = $1335.6

The balance of the account after 212 years is $1335.6

Step-by-step explanation:

jeka57 [31]3 years ago
3 0

Answer:

1335

Step-by-step explanation:

PRT

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Find the value of x.
marshall27 [118]

Answer:

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Step-by-step explanation:

The obtuse angle of the large (outside) triangle is the supplement of 60°, so is ...

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<em>Check</em>

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WHAT IS PRODUCT OF (6X+5)(X^2-2X+1)
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11111nata11111 [884]
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y = shorter section

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so we sub in eq 2 into eq 1
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4 0
3 years ago
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