Mathematics, 01.07.2019 10:30, jonesromari
Principal, $3000; annual interest rate, 5.1%; time, 2 years the balance after to years is
Answers: 2
![\bf ~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$3000\\ r=rate\to 5.1\%\to \frac{5.1}{100}\dotfill &0.051\\ t=years\dotfill &2 \end{cases} \\\\\\ A=3000[1+(0.051)(2)]\implies A=3000(1.102)\implies A=3306](/tpl/images/0038/3814/8ebfc.png)
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Principal, $3000; annual interest rate, 5.1%; time, 2 years the balance after to years is...
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