PLEASE HELP ME You deposit $300 in an account that earns 7.5% per year simple interest. The
equation that represents this situation is:
A(n) =
= 300 + (n - 1)(0.075•300)
How much will you have in the account at the beginning of the 11th year?
Round your answer to the nearest dollar.
[tex]PLEASE HELP MEEEEE You deposit $300 in an account that earns 7.5% per year simple interest.[/tex]
C: $525.
Step-by-step explanation:
Using all of the information you've provided included the formula already given just missing the amount of years, n.
The formula that is being used to calculate is: [tex]A(n)=300+(11-1)(0.075*300)[/tex]
All you needed to do was plugin the 11th year into n, the amount of years given.
Hope this helped!
What do jane knows to plan her visit
[tex]Jan wants to plan their visit she know these[/tex]
The answer is $525
(Answer rounded)
What is the diagram u didn't post that