bennyrich08 bennyrich08
  • 28-10-2017
  • Mathematics
contestada

Use the formula for Interest:
P = 100
r = 7.2%
Y = 5
A = ?

Respuesta :

jdoe0001 jdoe0001
  • 28-10-2017
[tex]\bf \qquad \textit{Simple Interest Earned Amount}\\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$100\\ r=rate\to 7.2\%\to \frac{7.2}{100}\to &0.072\\ t=years\to &5 \end{cases} \\\\\\ A=100(1+0.072\cdot 5)[/tex]
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