Onepainixjane
Onepainixjane Onepainixjane
  • 08-09-2016
  • Mathematics
contestada

jon invests $4,100 into an account that pays 5 percent simple interest each year. what is the total balance in the account after 3 years?

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isaacgaitonde
isaacgaitonde isaacgaitonde
  • 08-09-2016
A=P(1+r/n)^nt
A=4100(1+.05/1)^1(3)
A=4746.26
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