Find the ending balance: Principal: $60 Interest Rate: 5% Time: 2 years

Question

Find the ending balance: Principal: $60 Interest Rate: 5% Time: 2 years

in progress 0
MichaelMet 5 years 2021-09-05T04:51:50+00:00 2 Answers 12 views 0

Answers ( )

  1. Nick
    0
    2021-09-05T04:53:06+00:00
    Reply

    Answer:

    $66.15

    Step-by-step explanation:

    60(1.05)=63

    63(1.05)=66.15

  2. thienthanh
    0
    2021-09-05T04:53:21+00:00
    Reply

    Answer:

    S.I =P*R*T/100

    =60*5*2/100

    =60/10

    =$6

    THEREFORE,ENDING BALANCE =AMOUNT

    =S.I+P=60+6

    =$66 ANSWER

Leave an answer

Browse

Giải phương trình 1 ẩn: x + 2 - 2(x + 1) = -x . Hỏi x = ? ( )