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Mathematics
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OpenStudy (elkinsth):
A bank offers a 6% annual interest rate for a savings account. Marcus puts $8,000 into an account to save for college. How much will be in the account after a year?
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OpenStudy (breanna1999):
Do you know the Interest Rate Formula?
OpenStudy (elkinsth):
no
OpenStudy (breanna1999):
A = P(1+r)t
OpenStudy (breanna1999):
A=8000(1+0.06)^1
OpenStudy (elkinsth):
eeeh wat m8?
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