Mathematics, 13.03.2021 01:00 drastipatel18
Jean deposits $730 in an account that pays 2.8% simple interest. He neither adds more money nor withdraws any money from his account. What amount will be in Jean's account after 5 years? Show your work. (2 pts)
Use this formula to solve this problem:
LaTeX: let\:x\:=\:total\:money\:in\:accoun t\:after\:5\:yearsl e t x = t o t a l m o n e y i n a c c o u n t a f t e r 5 y e a r s
LaTeX: x=P+\left(P\cdot r\cdot t\right)\:where\:P\:is\:Principal,\ :r\:is\:simple\:interest\:rate,\:an d\:t\:is\:time
Answers: 3
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Jean deposits $730 in an account that pays 2.8% simple interest. He neither adds more money nor with...
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