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

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

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

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

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

HourglassMage
 6 months 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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