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Answered

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Somebody please help me with this math question and I’ll give you 26 points please if you are going to submit links do not answer me thank you

Somebody Please Help Me With This Math Question And Ill Give You 26 Points Please If You Are Going To Submit Links Do Not Answer Me Thank You class=

Sagot :

chetankachana

Answer:

$600

Step-by-step explanation:

Simple Interest Rate: A = P(1 + RT)

A       [tex]\longmapsto[/tex]     Total Value

P       [tex]\longmapsto[/tex]     Principle

R       [tex]\longmapsto[/tex]     Rate

T       [tex]\longmapsto[/tex]     Time

__________________________________________________________

Step 1: Insert Values

Let's plug the info we have into the formula:

A = 4000(1 + 0.05(3))

A = 4000 + 4000(0.15)

A = 4000 + 600

A = 4600

__________________________________________________________

Step 2: Finding the Interest

So the total value she ends up with $4600, but we want to find the extra value, or interest, she has to pay.

To find this we subtract the principle from the new value:

4600 - 4000 = 600

Liz has to pay $600.

-Chetan K

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