joshua85 joshua85
  • 10-04-2018
  • Mathematics
contestada

34,100 at 4% for 3 years

Respuesta :

altavistard
altavistard altavistard
  • 13-04-2018
You don't say whether you want simple interest or compound interest.  I will assume you want the latter.

A = Compound Amount = P(1+0.04)^3
   =                $34100(1+0.04)^3 = $38357.86   (answer)
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