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PLEASE HELP Pam earns $468 per year in simple interest by investing part of her money at 8% and the rest at 6%. If she invests $2000 more of her money at 8% than she invests at 6%, how much money did she invest at 8%?
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here is an example of how to do this a person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account? i have the answer, the problem is i have to show the work with the formula you know like 100+(a-1)+ 5 a2 3+40(3-1)
I'm not familiar with that formula lol
well hold on
I=PRT
oh ok
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i don't have a P or a T though
well then you have to solve for those look it up on youtube how do i do I=PRT
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