Jeremiah made $1,400 in interest by placing $70,000 in a savings account with simple interest for 2 years. What was the interest rate?

You deposit $70000 into a bank account paying 1400% simple interest per year . You

left the money in for 2 years . Find the interest earned and the amount at the end of those

2 years ?

Result:

The interest is $1960000 and the amount is $2030000 .

Explanation:

STEP 1: Find an interest by using the formula I = P · i · t, where I is interest, P is

total principal, i is rate of interest per year, and t is total time in years.

In this examplee P = $70000 , i = 1400% and t = 2 years , so

I = P · i · t

I = 70000 · 14 · 2

I = 1960000

STEP 2: Find an amount by using the formula A = P + I.

Since P = $70000 and I = $1960000 we have

A = P + I

A = 70000 + 1960000

A = 2030000

Step-by-step explanation:

769$

Step-by-step explanation:

$(+_+_+$+8$+$+$+$($($(*

answer: a and c are correct

step-by-step explanation:

the +5 is the vertical translation

the added negative symbol in front is the reflection over the y-axis

true !

step-by-step explanation: