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Boden's account has a principal of ​$700 and a simple interest rate of 4.1​%. Complete the number line. How much money will be in the account after 4​ years, assuming Boden does not add or take out any​ money?

User DanielJyc
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2 Answers

7 votes
$66 dollars hope this helps
User Merlinabarzda
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4 votes

Answer:

$66.00

Explanation:

first we need multiply :D I will use the formula I =prt

principal= $500

rate=3.3%

time= 4 years

but we need to convert the percent, 3.3%, to a decimal

3.3%=0.033 or .033

now we multiply !

500 × 0.033 × 4 = 66 = $66.00

:D

Explanation:

User Fhchl
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