Mustufaansari50398idn
Answered

IDNLearn.com provides a collaborative environment for finding accurate answers. Get timely and accurate answers to your questions from our dedicated community of experts who are here to help you.

Need help now.
Someone please.

Need Help Now Someone Please class=

Sagot :

Tanweeleong195oxyqwpidn

Answer:

$1,075

Step-by-step explanation:

Simple Intereat Formula:

A = P(1+rt)

where A is the final amount,

P is the principal(original amount invested)

r = annual interest rate

t = time in years

Given P = 1000

r = 2.5/100

t = 3 (Beginning of 4th year means the 4th year is not counted)

A = 1000(1+(0.025)(3))

= 1000(1.075)

=$1,075

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.