RainbowPieWasHere
22.07.2019 •
Mathematics
Tyler’s mom also has $1000 that she wants to put in a savings account. she is saving her money for retirement. she plans to retire in 30 years. tyler’s mom must also choose between bank a and bank b. bank a offers 4% simple interest. how much would tyler’s mom’s investment be worth after 30 years in this account? show your calculations below.
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Ответ:
I = Prt
I = $1000*0.04*30
I = $1200
The amount in the account will be the sum of the principal amount and the interest it earns:
$1000 +$1200 = $2200
Tyler's mom's investment will be worth $2200 in this account.
Ответ:
There are infinitely many solutions!
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