PenelopeJ236832 PenelopeJ236832

03-11-2022
Mathematics

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I need help with this question(Please no long explanation just the answer)

I need help with this questionPlease no long explanation just the answer class=

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AmillionB58501 AmillionB58501

03-11-2022

To find the answer to this question, we only have to add $12.80 once more time to the Simple Interest Earned.

[tex]12.80+38.40=51.2[/tex]

At the fourth year, the Simple Interest Earned is $51.2 and the new account balance is $451.2.

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