If the apy of a savings account is 3.9%, and if the principal in the savings account is $3700 for an entire year, what will be the balance of the savings account after all the interest is paid for the year?

a. 3900.00
b. 3844.30
c. 3714.43
d. 3700.00

Option B.

Step-by-step explanation:

we know that

The simple interest formula is equal to

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

substitute in the formula above

Option B.

Step-by-step explanation:

It is given that

AYP = 3.9%=0.039

Principal amount = $3700

Time = 1 year.

We need to find the balance of the savings account after all the interest is paid for the year.

The formula for amount is

where, A is amount, P is principal, r is rate of return and t is time in years.

Substitute the given values.

Therefore, the correct option is B.

the data of the detroit pistons in numerical order from least to greatest is 0.30, 0.37, 0.55, 0.62, 0.69, 0.72, 0.73, 0.75, 0.77, 0.78, 0.80, 0.81, 0.81, 0.83, 0.84, 0.89

the data of the miami heat in numerical order from least to greatest is 0.50, 0.50, 0.56, 0.57, 0.67, 0.72, 0.72, 0.72, 0.75, 0.75, 0.76, 0.81, 0.82, 0.90, 1.00, 1.00

the detroit pistons median : 1.52

the miami heat median: 1.47

the iqr of this data is 0.05

answer: i realy don't get it that much can you me figer it out pleas you

step-by-step explanation: