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Helpppppppppppppppppp
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Helpppppppppppppppppp

Helpppppppppppppppppp-example-1
Helpppppppppppppppppp-example-1
Helpppppppppppppppppp-example-2
Helpppppppppppppppppp-example-3
User BARNZ
by
5.6k points

1 Answer

4 votes

Answer:

$2400

$12,400

Explanation:

Simple interest equation:

PV(1+it)

we have

10000(1+.06*4)

10000(1.24)

12400

Subtract the PV to get the interest earned

12400-10000= 2400

We just found that the total would be 12,400 and so part B is already solved

User Denizs
by
6.0k points
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