Respuesta :

To determine how much she will have in her account after 4 years you have to calculate the simple interest using the following formula:

[tex]A=P\mleft(1+rt\mright)[/tex]

Where

A: total amount accured

P: principal investment

r: interest rate → you have to express it as a decimal number not as a percentage

t: time of the invesment → normally expressed in years

For

P= $17.250

r=11%→ 11/100=0.11

t=4years

The simple interest will be

[tex]\begin{gathered} A=17250(1+0.11\cdot4) \\ A=17250(1+0.44) \\ A=17250\cdot1.44 \\ A=24840 \end{gathered}[/tex]

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