shayreversetv shayreversetv
  • 04-04-2019
  • Mathematics
contestada

An account earns simple interest.
$2000 at 3.5% for 4 years
a. Find the interest earned.

$280

b. Find the balance of the account.
$

Respuesta :

Nihha Nihha
  • 06-04-2019

Answer:

$2280

Step-by-step explanation:

I see you've already found part a, which is to find the amount of interest earned. The next part is easy, to find the balance of the account after four years, just add the interest you've found back to the principal (the original size of the account or loan). $2000 + $280 equals $2280.

Answer Link

Otras preguntas

what is the exposition in the island dead in fanastic four​
Please help asap Thank you!
2) 67 - 21y = 25; 4) 83 + 29.x = 982.​
Can somebody match these for me .
Find AB using the segment addition postulate. Show all work in setting up and solving your equation.
Dominic has $420 to spend at a bicycle store for some new gear and biking outfits. Assume all prices listed include taxes. He buys a new bicycle vor $231.97. He
confessions of a gym class dropout
A' B' C' is the image of ABC under the translation​
Why did James Olgethorpe bring a diverse group of people to Georgia ?
Have you ever bought an item you didn't plan to? If yes, why do you think that happened?​