hasacow hasacow
  • 06-03-2018
  • Mathematics
contestada

What is $1200 at 5.6% for 4 years

Respuesta :

SamihaC SamihaC
  • 06-03-2018

[tex]i = prt[/tex]
[tex]i = unknown[/tex]
[tex]p = 1200[/tex]
[tex]r = 5.6\% \: or \: 0.056[/tex]
[tex]t = 4[/tex]
[tex]i = 1200(0.056)4[/tex]
[tex]i = (67.2)4[/tex]
[tex]i = 268.8[/tex]
$268.80

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Niah0411
Niah0411 Niah0411
  • 06-03-2018
268.80 is your answer
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