ivankerwin
24.03.2020 •
Mathematics
What is the answer of how much he got in interest?
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Ответ:
After 4 he will have earned $1100 in Interest
His new account balance will be $6600
Step-by-step explanation:
Principal P = $5500, Time T = 4 years, and at Rate R of 5%
Simple Interest SI = PRT/100
SI = (5500 × 4 × 5)/100
SI = 55 × 4 × 5
SI = $1100
Account balance after 4 years will be Principal + Simple Interest
$5500 + $1100 = $6600
Ответ:
yes
Step-by-step explanation: