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Helpppppppppppppppppp

Helpppppppppppppppppp
asked 132k views
9 votes
Helpppppppppppppppppp

Helpppppppppppppppppp-example-1
Helpppppppppppppppppp-example-1
Helpppppppppppppppppp-example-2
Helpppppppppppppppppp-example-3
asked
User BARNZ
by
7.8k points

1 Answer

4 votes

Answer:

$2400

$12,400

Explanation:

Simple interest equation:

PV(1+it)

we have

10000(1+.06*4)

10000(1.24)

12400

Subtract the PV to get the interest earned

12400-10000= 2400

We just found that the total would be 12,400 and so part B is already solved

answered
User Denizs
by
8.5k points
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