jskenzdjd jskenzdjd
  • 03-04-2016
  • Mathematics
contestada

$1348 deposited at an interest rate of 2.5% for 18 months

Respuesta :

wat2132
wat2132 wat2132
  • 03-04-2016
606.6$ in total Interest= PrinciplexRatexTime
Answer Link
penfila11Pen
penfila11Pen penfila11Pen
  • 03-04-2016
I=PRT                      price/principle amount×rate×time in years
 =1348×0.025×1.5    (18 months=1.5 years)
 =$50.55
original + intyerest
1348+50.55
$1398.55
Answer Link

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