Question

Hunh put $3000 into savings account that earns at yearly interestvrate of 6%. after sux years hiw much money will hunh have.

please helppp me​

Answer 1

$4080

Explanation:

I = Prt

I = 3000 (0.06) (6)

I = $1080

-------------------------------

A.B = P + T

A.B = 3000 + 1080

A.B = $4080

The Account balance is $4080

Answer 2

• $4080

Explanation:

It is assumed this is a simple interest

• P = $3000
• r = 6%
• t = 6 years

• A = P(1 + rt)
• A = 3000 (1 + 6*6/100) = $4080