zetaw4
zetaw4 zetaw4
  • 29-03-2019
  • Mathematics
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9340.00 is invested into an account that earns 8 1/2% simple interest for 15 years. What is the interest earned and what is the total in the account?

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Phantomworkz
Phantomworkz Phantomworkz
  • 29-03-2019

9340.00dollars will be 1,200,190 dollars after 15 years over a respected 8.5% interest.

P(product)(1+r(rate)t(time)= gain

9340(1+8.5×15)

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