Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing

This Question is Closed

yoyogators Group TitleBest ResponseYou've already chosen the best response.0
Devante paid a security deposit of five hundred twenty−five dollars when he signed the lease for his apartment. The money was put into an account earning two percent simple annual interest. After renting for 8 years, Devante got his deposit back. What was the payout balance? four hundred forty−one dollars five hundred thirty−two dollars five hundred ninety−five dollars six hundred nine dollars
 one year ago

yoyogators Group TitleBest ResponseYou've already chosen the best response.0
can you please tell me how to solve this?
 one year ago

IFlyInThe~Skiez0063 Group TitleBest ResponseYou've already chosen the best response.0
first you would have to use the equation I=PRT . [I=525 x .02 x 8] the interest would equal 84. then because you need the balance you would add P to the Interest it would be 525 + 84 = 609.
 6 months ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.