Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.
A. $23.10
B. $115.50
C. $683.10
D. $775.50
My answer is $775.50, but if it's wrong can you explain to me why it is?
Ohhh drop dead... you don't know that
775.5 is the correct answer. Trust yourself and Ms Sue.
775.5 is correct then?
They might have unknown psychological powers. Probably how they knew.
Mamas no teacher would use that grammar- 🏃🏾♀️😭🤚🏽
I = PRT
I = 660 * 0.035 * 5
I get the same answer that you do. Are you sure there's no typo in your problem?
Thanks I hope I don't get caught on here
Thank you Reiny, for awhile I was looking at other peoples' answers and I was wondering if I was wrong, but now I know, so thank you
No, there is no typo
Yes, it is.
MS. SUE
Connections teacher.
Please don’t put pressure on students.
They know they’re not supposed to copy and paste.
Some students don’t know what plagiarism is but here’s what it means
Plagiarism: known as copyright, copying and pasting
And much more. You may end up with these consequences if you copy and paste: a lower grade, falling a course, suspension, probation, last but not least expulsion.
It’s a very bad crime.
(A reply to: @Connections teacher.
You are wrong, Connections academy is not watching you. They just know that these websites exist. And they can search up the question and see where you found it.
I’ll leave you off with a warning.
Thank you, and have a great day and night.
This is the answers for the whole quiz ... Pt 1
1. B (83.33%)
2. B (4.1%)
3. C (64.92%)
4. C (0.9655)
5. B ($28.50)
6. C (28.22)
7. B (20%)
8. C (40 students)
9. C (91 goals; 19.96%)
10. A (10=x * 25; 40%)
11. B ($8.83;$136.83)
12. A ($3,200)
13. D (19%; decrease)
14. B (29%)
15. C (Store B; Store A's (43.99) Store B's (41.99))
16. B ($115.50)
Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.
A. $23.10
B. $115.50
C. $683.10
D. $775.50
The final balance is:
Final balance = P(1 + rt)
Final balance = $660(1 + 0.035 x 5)
Final balance = $775.50
Therefore, the final balance in the account is $775.50. The answer is D.
Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.
To find the final balance in the account, we can use the formula:
Final balance = Principal + (Principal x Rate x Time)
Where:
Principal = $660
Rate = 3.5% = 0.035
Time = 5 years
Substituting the values in the formula, we get:
Final balance = $660 + ($660 x 0.035 x 5)
Final balance = $660 + $115.50
Final balance = $775.50
Therefore, the final balance in the account is $775.50. Answer: D.
i just took the test
1.a
2.b
3.c
4.a
5.b
6.c
7.a
8.c
9.d
10.c
11.b
12.c
13.c
14.c
15. b
16.d
hope this helps :)