Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A BANK PAYS 7% SIMPLE INTREST ON A ONE -YEAR CD . THE DEPOSITER HAS SAVED $35.00 PER WEEKFOR 52 WEEKS BEFORE DEPOSITING THE MONEY FOR 1 YEAR A: WHAT WILL BE BE THE INTREST ON THE MONEY INVESTED AT THE END OF 1 YEAR/ b: WHAT WILL BE THE TOTAL AMOUNT IN THE ACCOUNT AT THE END OF 1 YEAR OF EARNING INTREST ?

Sagot :

chandika14

Explanation:

rate 7percent

principal 35

time 52

interest PTR÷100

35*52*7÷100127.4

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.