Ask a New Question

Mr. Jenkins deposited $1,250 into an account. He made no additional deposits or withdrawals. Mr. Jenkins earned 4.25% annual simple interest on the money in the account. What was the balance in dollars and cents in Mr. Jenkins’s account at the end of 4 years?

5 answers

What do the 5 Xs above the number 2 represent?

nvm I got it

P = Po + Po*r*T = 1250 + 1250*0.0425*4 =

What is the answer

WHATS THE ANSWER????

Ask a New Question or answer this question.

Similar Questions

Oliwia is opening a bank account. She learns that there is a special promotion where if she deposits $3,000 and then makes no
1. 3 answers
Finn deposited $3,500 in a new account at his bank.The bank pays 5.5% interest compounded annually on this account. Finn makes
1. 1 answer
Oliwia is opening a bank account. She learns that there is a special promotion where if she deposits $3,000 and then makes no
1. 1 answer
Oliwia is opening a bank account. She learns that there is a special promotion where if she deposits $3,000 and then makes no
1. 1 answer

more similar questions