contestada

Lonnie places $950 in a savings account that earns 5.75% simple interest. Find the total amount in the account aftdr 4 years

Respuesta :

Answer:

1168.5

Step-by-step explanation:

The formula is

A=p(1+rt)

A future amount

P present amount

R interest rate

T time

A=950(1+0.0575×4)=1168.5