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iBrain
08.12.2020 •
Mathematics
Find the amount of interest on $6200 with an interest rate of 3.5% a year. How much do I have in total for 4 years?
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Ответ:
$868
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year,
then, solving our equation
I = 6200 × 0.035 × 4 = 868
I = $ 868.00
The simple interest accumulated
on a principal of $ 6,200.00
at a rate of 3.5% per year
for 4 years is $ 868.00.
Ответ:
I think it is A
Step-by-step explanation: