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5 votes
Correct answers only please!

Correct answers only!

To the nearest cent, how much will she have in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Correct answers only please! Correct answers only! To the nearest cent, how much will-example-1
User Calbertts
by
4.2k points

1 Answer

1 vote

Answer:

$ 6.30

Explanation:

A = P + I where

P (principal) = $ 6.00

I (interest) = $ 0.30

A = P(1 + r/n)nt

User InsaneBot
by
4.0k points