BriGymnast1 BriGymnast1

05-03-2020
Mathematics

contestada

eveuinup: 08%
Use simple interest to find the ending balance.
17) $26,000 at 3% for 2 years

Respuesta :

tolaosunrinde tolaosunrinde

05-03-2020

Answer: $27,560

Step-by-step explanation:

Formular for simple interest = PRT

P= 26,000

R=3% = 3/100 = 0.03

T= 2

26,000 x 0.03× 2

= 1,560

Ending balance will be 26,000 + 1,560

= $27,560

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