Susan borrows $4500 from the bank to purchase new furniture. The bank finances for 5 years at 8% simple interest. How much will Susan pay for the furniture. (I = Prt) (A = I + P) PLS HELP ME I HAVE TO TURN THIS IN SOON

$6300

Step-by-step explanation:

A = P(1 + rt)

   A = Total Accrued Amount (principal + interest)

   P = Principal Amount

   I = Interest Amount

   r = Rate of Interest per year in decimal; r = R/100

   t = Time Period involved in months or years

P = $4500

t = 5 years

r = 8% = .08

A = P(1 + rt)

A = 4500 ( 1 + (.08*5))

A = 4500 ( 1 + .4)

A = 4500 (1.4)

A = $6300

Susan will pay $6300 for the furniture

The equation I used is the same as what you were given:

I = Prt

A = I + P   Re-write as I = A - P

So you plug in A - P for I:

A - P = Prt      Add P to each side

A - P + P = Prt + P

A = Prt + P     Pull P out

A = P(rt + 1)   Re-arrange

A = P(1 + rt)

Same equation!

describing distributions is one of the key skills you’ll need to earn a high score on the ap statistics exam. if you need proof of this, just flip through some past exam questions, which can be found at the collegeboard website. you’ll notice that the first free response question is almost always a question requiring you to look at a graph and describe it.

step-by-step explanation: just trying to get points sorry : (