An account earns simple interest. $300 at 4% for 3 years. Find the intrest earned.

Question

asked Jul 4, 2017 80.8k views

2 Answers

Heyjinkim · Answer 1 · 2017-07-06T06:30:17+0000

f(x)=300(1.04)^3

I got the 1.04 from adding 4 to hundred because your question is growing if it was decaying it would be 4 - 100 your answer is 104 then you move the decimal place over by 2 creating 1.04.

An account earns simple interest. $300 at 4% for 3 years. Find the intrest earned.

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

No related questions found

Categories

Other Questions