0043030
Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Somebody please help me with this math question and I’ll give you 26 points please if you are going to submit links do not answer me thank you

Somebody Please Help Me With This Math Question And Ill Give You 26 Points Please If You Are Going To Submit Links Do Not Answer Me Thank You class=

Sagot :

chetankachana

Answer:

$600

Step-by-step explanation:

Simple Interest Rate: A = P(1 + RT)

A       [tex]\longmapsto[/tex]     Total Value

P       [tex]\longmapsto[/tex]     Principle

R       [tex]\longmapsto[/tex]     Rate

T       [tex]\longmapsto[/tex]     Time

__________________________________________________________

Step 1: Insert Values

Let's plug the info we have into the formula:

A = 4000(1 + 0.05(3))

A = 4000 + 4000(0.15)

A = 4000 + 600

A = 4600

__________________________________________________________

Step 2: Finding the Interest

So the total value she ends up with $4600, but we want to find the extra value, or interest, she has to pay.

To find this we subtract the principle from the new value:

4600 - 4000 = 600

Liz has to pay $600.

-Chetan K

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.