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Mathematics, 04.09.2020 06:01 donttrip10

A) How much interest does $1.480 eam in 6 months at an interest rate of 3%? SHOW YOUR EQUATION SETUP/WORK and ANSWER:

b) What is the new balance after 6 months?

SHOW YOUR WORK (what did you add/subtract/multiply/etc? to get your
answer)

c) What will be the balance after one year if the interest is compounded semiannually
(every 6 months)?

F
SHOW YOUR WORK (what did you add/subtract/multiply/etc? to get your
answer
3. Find the simple interest on a $2.350 principal deposited for 6 years at a rate of 4.779 a

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Answers: 3

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