melbaby13 melbaby13
  • 30-10-2019
  • Mathematics
contestada

Use simple interest to find the interest and ending balance
1. $750 at 4% for 8 years
INTEREST:
ENDING BALANCE:

Respuesta :

cygilberts
cygilberts cygilberts
  • 02-11-2019

Answer:

Interest = $240

Ending Balance = $990

Step-by-step explanation:

Applying I = prt/100

= (750*4*8)/100

= 240

Therefore Interest = $240

Adding Interest to Principal

= $240 + $750 = $990

=

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