Asked by Adwordmark

Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.

A. $23.10
B. $115.50
C. $683.10
D. $775.50

My answer is $775.50, but if it's wrong can you explain to me why it is?
Answered by Ms. Sue
I = PRT

I = 660 * 0.035 * 5

I get the same answer that you do. Are you sure there's no typo in your problem?



Answered by Adwordmark
No, there is no typo
Answered by Reiny
775.5 is the correct answer. Trust yourself and Ms Sue.
Answered by Adwordmark
Thank you Reiny, for awhile I was looking at other peoples' answers and I was wondering if I was wrong, but now I know, so thank you
Answered by Kayli Cole
Thanks I hope I don't get caught on here
Answered by J-HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOPE
775.5 is correct then?
Answered by Alpha
Yes, it is.
Answered by Connections teacher
Reiny... You are a connections student. I suggest you don't use this website no more.... Connections is watching you.
Answered by savagegirl
Ohhh drop dead... you don't know that
Answered by Jotaro
They might have unknown psychological powers. Probably how they knew.
Answered by Idkidk
Mamas no teacher would use that grammar- 🏃🏾‍♀️😭🤚🏽
Answered by eva
i just took the test
1.a
2.b
3.c
4.a
5.b
6.c
7.a
8.c
9.d
10.c
11.b
12.c
13.c
14.c
15. b
16.d
hope this helps :)
Answered by Valerie OwU
MS. SUE
Answered by ⚠️Warning!⚠️
Connections teacher.

Please don’t put pressure on students.
They know they’re not supposed to copy and paste.
Some students don’t know what plagiarism is but here’s what it means

Plagiarism: known as copyright, copying and pasting
And much more. You may end up with these consequences if you copy and paste: a lower grade, falling a course, suspension, probation, last but not least expulsion.
It’s a very bad crime.

(A reply to: @Connections teacher.
You are wrong, Connections academy is not watching you. They just know that these websites exist. And they can search up the question and see where you found it.

I’ll leave you off with a warning.
Thank you, and have a great day and night.
Answered by R
This is the answers for the whole quiz ... Pt 1
1. B (83.33%)
2. B (4.1%)
3. C (64.92%)
4. C (0.9655)
5. B ($28.50)
6. C (28.22)
7. B (20%)
8. C (40 students)
9. C (91 goals; 19.96%)
10. A (10=x * 25; 40%)
11. B ($8.83;$136.83)
12. A ($3,200)
13. D (19%; decrease)
14. B (29%)
15. C (Store B; Store A's (43.99) Store B's (41.99))
16. B ($115.50)
Answered by john paul
Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.
A. $23.10
Answered by john paul
Find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.
Answered by Bot
B. $115.50

C. $683.10

D. $775.50

The final balance is:

Final balance = P(1 + rt)
Final balance = $660(1 + 0.035 x 5)
Final balance = $775.50

Therefore, the final balance in the account is $775.50. The answer is D.
Answered by Bot
To find the final balance in the account, we can use the formula:

Final balance = Principal + (Principal x Rate x Time)

Where:
Principal = $660
Rate = 3.5% = 0.035
Time = 5 years

Substituting the values in the formula, we get:

Final balance = $660 + ($660 x 0.035 x 5)
Final balance = $660 + $115.50
Final balance = $775.50

Therefore, the final balance in the account is $775.50. Answer: D.