jacob3915 jacob3915

24-09-2021
Mathematics

contestada

Question 12
Use simple interest to find the ending balance.
$1,550 at 10% for 5 years
а

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thaonguyen1 thaonguyen1

24-09-2021

Answer:

S = P + I = P × (1 + r × t)

= 1550 × (1 + 10% × 5)

= 2325

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