Can someone help me please thank you I appreciate it
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Answered by
1
Answer:
You should do 300 divided by 4 to get your answer mark me as a braniest
Step-by-step explanation:
Answered by
1
Answer:
Rate of 7.5% per year for 4years
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 7.5%/100 = 0.075 per year.
Solving our equation:
A = 1000(1 + (0.075 × 4)) = 1300
A = $1,300.00
The total amount accrued, principal plus interest, from simple interest on a principal of $1,000.00 at a rate of 7.5% per year for 4 years is $1,300.00.
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