Yvonne put $4,000 in a savings account. at the end of 3 years, the account had earned $960 in simple interest. a. how much does she have in her account at the end of the three years? b. at what anual simple interest rate did the account grow? show your work.
c. how many more dollars would she have in her account if the interest rate were 1% greater?

A) At the end of 3 years the amount in the account = Principal + Interest

Amount = 4000 + 960 = 4960

Amount at the end of 3 years =   $4960

b)  Formula for Rate , R =  100I/(PT)

Where I = Interest = 960, P = Principal = 4000, T= Time = 3 years

  R =  (100 × 960) / ( 4000 × 3)

  R =  8

  Rate, R = 8% per annum.

c) If the rate was 1% more, R = 8 + 1 = 9% per annum

Interest, I =  PRT/100

 Interest, I =   4000 × 9 × 3 /100 = 1080

Amount in her account would have been = $4000 + $1080 = $5080

Amount more = $5080 - $4960 = $120

She would have had $120 more should the rate were 1% greater.

At a constant it will take one hour to travel 32 mi.at that speed it will take 1/2 hr to travel the remaining 16 mi.it will take 1+1/2 hr to travel the 48mi @ 32mph.so 1 hr = 60 min& 1/2 hr = 30 min1+1/2 hr = 90 min.there are 60s in each 90 × 60 = 3600 seconds.the real question seriously is he why are they driving so slow? ! lol.