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15-03-2019
Mathematics

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Find the simplest interest. principal = $870 interest rate = 3% time = 9 months

Respuesta :

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15-03-2019

Answer: $889.58

Step-by-step explanation:

⇒Equation:

A = P(1 + rt)

Turn 3% into decimal and you get 0.03, then 9 months/ 12 months = 0.75 years.

WORK ↓

⇒A = 870(1 + (0.03 × 0.75)) = 889.575

⇒A = $889.58

* Hopefully this helps:) Mark me the brainliest:) !!!!

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