Mathematics, 04.11.2020 08:00 gen73
57. FINANCIAL LITERACY Cleavon has money in an account that eams 3% simple interest. The formula for computing simple interests I = Prt, where I is the interest earned, P represents the principal that he put into the account, r is the
interest rate (in decimal form), and t represents time in years,
a. Cleavon makes a deposit of $2c and leaves it for 2 years. Write a monomial that represents the interest earned,
b. If c represents a birthday gift of $250, how much will Cleavon have in this account after 2 years?
Answers: 2
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57. FINANCIAL LITERACY Cleavon has money in an account that eams 3% simple interest. The formula for...
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