lavaazad364 lavaazad364

18-05-2020
Mathematics

contestada

Please help!!!

Round the answer to nearest dollar.

Please make sure your answer is correct so I can pass this level

Please help Round the answer to nearest dollar Please make sure your answer is correct so I can pass this level class=

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Dwayne1414 Dwayne1414

18-05-2020

Answer: the interest is $2284

Step-by-step explanation: P= $85,660

r= 8% or .08

t= 4 months

Since interest is earned annually and the time period is 4 months, you have divide 4 by 12 (4/12). That gives you 0.333etc...

Next, 85,660•.08•0.3333= 2284(rounded)

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