you invest 4100 in an account that pays an interest rate of 7.25% calc the balance after eight years i got 43218.24 but i also have been gettin them all wrong please help me

Question

calculusxy · Answer

1. convert the percent of 7.25 to decimal (so you divide 7.25 by 100 = 0.0725)
2. now set up this equation 
T = total $
y = years
$$\large $4100 + 0.0725y = T$$

calculusxy · Answer

do you understand how i got that equation?

anonymous · Answer

yes I didn't divide the rate before thank you

calculusxy · Answer

no problem :)

anonymous · Answer

what would my answer be cause I got a crazy number

calculusxy · Answer

$$$4100 + 0.0725(8) = T$$

calculusxy · Answer

solve for t

anonymous · Answer

I cant believe I made that mistake XD tank you I got 4100.58