Question

Paige deposeted $1277 in a savings account . How much would she have in the account after 3 years at an annual simple interest rate of 4% ?

Answer 1

so you have 1277 as a starting rate, so say an intersection point. you have a slope of .04 (4%), so start by setting up an equation y = .04 x + 1277, x being the number of years and y being the total amount you have after that time period. just plug and chug

Answer 2

$1277 . 4% . 3 = 153.24

( the dots are multiplication )

Is it right ?

Answer 3

multiply .04 by 3 and then add 1277, your total should be GREATER than 1277.

Answer 4

iwe're dping the i=p.r.t