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lululife
 one year ago
What is the final balance for an account starting with $2000 at 3.5% interest compounded annually for 3 years?
A = P(1 + r)t
A.
$2217.44
B.
$4290.75
C.
$6210.00
D.
$8100.00
lululife
 one year ago
What is the final balance for an account starting with $2000 at 3.5% interest compounded annually for 3 years? A = P(1 + r)t A. $2217.44 B. $4290.75 C. $6210.00 D. $8100.00

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HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.2never mind, sorry, I was in English before

lululife
 one year ago
Best ResponseYou've already chosen the best response.1so any of you guys know how to do this is so help please and its ok @HourglassMage

lululife
 one year ago
Best ResponseYou've already chosen the best response.1thanx how did you get the answer

HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.2well, honestly I just used an interest calculator, but I'll show you stepbystep how it should be done. Just give me a couple of minutes...

HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.23.5%/100 = .035% /035% = R

HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.2A = 2000(3.5 + .035)(3)

HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.2do you want the site for the interest calculator?

HourglassMage
 one year ago
Best ResponseYou've already chosen the best response.2http://www.webmath.com/simpinterest.html Lol, sorry, I never noticed your response. Hopefully you still have a use for the site. :/
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