Seudónimo Seudónimo

15-03-2019
Mathematics

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If Tyler deposits $2000 of the $3200 he has earned in an account that pays 8% simple interest, how much will he have after 1 year? Show all work.

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23lipseys 23lipseys

15-03-2019

Answer:

$2160

Step-by-step explanation:

Here we are going to use our simple interest formula. We know that p=2000,t=1, and r=8/100=0.08 Once again, lets replace those values in our formula: A=2000(1+(0.08)(1)) A=$2160

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Kirijooo Kirijooo

21-05-2021

Answer:

Hes right

Step-by-step explanation:

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