Best apk References website
Dexter Deposited $6,300 Into A Savings Account That Earns 2.60% Simple Interest. How Much Interest Will He Earn In 4 Years?. To do this, we can use the formula for simple interest: Dexter deposited $6,300 into a savings account that earns 2.60% simple interest.
![[FREE] How much would you have to deposit in an account with a 7.5](https://i2.wp.com/media.brainly.com/image/rs:fill/w:1080/q:75/plain/https://i2.wp.com/us-static.z-dn.net/files/df2/1aafec6ac34a12fc17c0a6a7d6f93257.jpg)
Substitute the given values into the simple interest formula: To do this, we can use the formula for simple interest: In this case, the principal is $6,300 and the rate is 2.60% (or 0.026 as a decimal).
Interest = principal × rate × time. Is simple interest , p is principal amount, t is time period and r is interest rate in a year. Calculate principal, interest rate, time or interest.
In this case, the principal is $6,300 and the rate is 2.60% (or 0.026 as a decimal). Substitute the given values into the simple interest formula: To solve this problem, we will use the formula for calculating simple interest:
Dexter deposited $6,300 into a savings account that earns 2.60% simple interest per year. $$i = p \times r \times t$$i = p ×r ×t $$i = 6,300 \times 0.026 \times 4$$i = 6,300×0.026×4 step 3 perform the multiplication to find. How much interest will he earn in 4 years?
How much interest will he earn in 4 years? Dexter deposited $6,300 into a savings account that earns 2.60% simple interest. \ (i = p \cdot r \cdot t \), where \ ( i \) is the interest earned, \ ( p \) is the principal (the initial amount.
