Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years? $615.00 $3,485.00 $4,305.00 $4,715.00
I think its b but im just high ballin it
lol wht do u think @Lord2clash
($4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years) i would personally do 4,100 * (5%*3) but dont take my word on that ill get someone more qualified in here.
k
@Lord2clash your probably some nerd in your parents basement jerkin off to gay porn you freak. im just a guy that would love to get ahold of a little punk like you
no hes not cause he told me right to cause he said 4100 * (5%*3) and i got 615
was it correct ?
idk not finished wit the test
well I tried to help so gtfoi
i will medal u if it is right anymore answers from anybody
@dmcdowell u need to fo
do u have any answers @Cal.lavender
little punks like you crack me up bye
by b****
no i don't
k just making sure
can yahll help me with another one
ill try my best
@thatone_girl
k
The following information is known about a loan. Time = 7 years Interest rate = 6% Interest = $840.00 What was the principal on the loan? $200.00 $352.80 $1,862.50 $2,000.00
anybody
352.80 is what i got by doing 840.00 * (6% * 7)
k wht do u think about his answer @thatone_girl
k shes not answering so i guess ur right i have three more is tht okay
yea
Mrs. Sing invests $12,876 for her business at an annual interest rate of 7 percent for 3 years. Which number will Mrs. Sing substitute for r in the simple interest formula? mc002-1.jpg 0.007 0.07 0.7 7
the formula is \[I=prt\]
0.07 because r = interest rate and 7% in decimal form is 0.07
hahaha these comments tho
k wht u think anyone
lol
k heres another one
Li invests money in a savings account. She wants to know the amount of simple interest that she will earn in 6 years at 3.75 percent. What additional information does she need to find this amount? principal amount of time interest rate the type of account
Principal the simple interest formula is I=prt you are given the r and t of the formula so all you would need is p which is principal or starting amount
k i wish i can give u alot of medals but i can only give you one
k i have one more thts it
its ok cx
Constance will put $500 in a savings account. Which option should she choose so that she will have the most money? 1 year at 12 percent 1 year at 9 percent 2 years at 7 percent 2 years at 5 percent
d.) 2 years and 7 percent because 500 * (2 * 7%) = 70 which is the highest number of all the others
well igtg
k thxs i will give you a medal if they are right and thxs again
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