Question

​Boden's account has a principal of ​$500 and a simple interest rate of ​%4.1. Complete the number line. How much money will be in the account after 4​ years, assuming Boden does not add or take out any​ money?

Answer 1

Answer:

P is 500

Rate is 4.1 percent

Time is 4 yrs

Change it into months

4 into 12 equals 48

Now,To find simple interest

Apply this formulae,

I equals PNR\100

500*4.1*48/100

=5*4.1*48

=984

Hope it helps u