Question

11). Miguel has $87,255 in a savings account that earns 9% interest per year in simple interest. To the nearest cent, how much will he have in 4 years? OA). $31,411.80 O B). $123,167.55 O C). $35,912.55 OD). $118,666.80​

Answer 1

Answer:A

Explanation:

Answer 2

`A). \: \$31,411.80`

Explanation:

`s.i = (p * r * t )/(100) \\ \\ s.i = (87255 * 9 * 4)/(100) = 31,411.8`