pigglet520041
pigglet520041 pigglet520041
  • 24-02-2017
  • Mathematics
contestada

if you invest 1200into an account that pays 13.2%simple interest what is the balance of the account in 4 years

Respuesta :

Аноним Аноним
  • 24-02-2017
Here's something I've learned in school, an equation. I =prt

I = interest
P = principle
R = Interest Rate
T= Time (Years)

p = 1200
r = 13.2%, written as 0.132
t = 4 years

I = 1200(0.132)(4)

I = 633.60

1200 + I

$1833.60 in 4 years.
Answer Link

Otras preguntas

What is the maximum number of communication paths for a team of twenty people.
Which of the following statements are true about quick sort A. It can degrade into an O(n2) sort if the pivot selection scheme is bad B. It doesnt require addit
Solve the proportion below.
According to sociologists, social movements go through stages as they grow and mature. Of these stages, the crucial stage that enables social movements to becom
Simplify : 1/3(24x-51)
Flash floods can cause vehicles to float and fill with water, trapping and drowning people. while especially dangerous at night and in deep water, even ____ inc
what does the haystack symbolize in zlateh the goat​
Guys please help me to do these!!!! im tryin’ my best but it’s so hard
The period of transition from childhood to adulthood commonly associated with the teenage years is called _____.A) pubertyB) adolescenceC) preadulthoodD) the t
Is 48 a perfect cube? Explain your reasoning.