giselemendez10 giselemendez10

26-03-2020
Mathematics

contestada

Simple interest $34,000 invested at 4% for 3 years

Respuesta :

hannahsjunk6 hannahsjunk6

08-04-2020

Answer:

final amount would be $38080

Step-by-step explanation:

1) find 4% of 34000

34000 x .04 = 1360

2) multiply that by your time frame which is 3 years

1360 x 3 = 4080

3) add your interest to your original amount

34000 + 4080 = 38080

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