grammybergin291 grammybergin291
  • 12-10-2020
  • Mathematics
contestada

use simple interest to find the ending balance $7300 at 7% for 3 years

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 12-10-2020

9514 1404 393

Answer:

  $8833

Step-by-step explanation:

The account balance will be given by the formula ...

  A = P(1 +rt)

where P is the amount invested, r is the annual rate, and t is the number of years.

  A =- $7300(1 +0.07·3) = $7300·1.21 = $8833

The ending balance is $8833.

Answer Link

Otras preguntas

Two flagpoles stand side by side. The first flagpole is 50 feet tall. The second flagpole is as tall as the first flagpole's shadow is long. The second flagpole
Two students in your class, Tucker and Karly, are disputing a function. Tucker says that for the function, between x = -3 and x = 3, the average rate of change
What is the Area of wall with a L=18ft W=24ft H=9ft in SQ FT
Suppose that G(x) = F(x + 8) + 4. Which statement best compares the graph of G(x) with the graph of F(x)? A. The graph of G(x) is the graph of F(x) shifted 8 un
Identify the pattern and find the next number in the pattern. 0.8, 3.2 12.851.2
To what 1937 FDR plan does the cartoon probably refer? Did FDR follow through with that plan? Why or why not
Evaluate A 2-B 2 for A = 4 and B = -5.
Can you become a marketing manager with a psychology degree
one x-intercept for a parabola is at the point (1,0). use the factor method to find the other x-intercept for the parabola defined by this equation: y=2x^2 + 8x
When a person stops what they are doing and stares into space, they most likely are having a _______ seizure?