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please answer within an hour 丘 1 -You open an account with $-&100"(1+ RIGHT[Instructions icija. and...

please answer within an hour
丘 1 -You open an account with $-&100(1+ RIGHT[Instructions icija. and you earn 7-A interest . A1 ㄨ ˇ ou openin account with
丘 1 -You open an account with $-&100"(1+ RIGHT[Instructions icija. and you earn 7-A interest . A1 ㄨ ˇ ou openin account with S8000 and you earn 7.2% interest. What is your account balance after 10 years? 10 nstructions Problem 1 Problem 2 Problem 3 Problem 4 Problem S Problem 6 ← 다 (p 2 4. 5 6
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Answer #1

Solution:

We are given,

Principal = 8000

Interest rate = 7.2%

We have to find total earning after 10 years.

Let's assume

for one year, interest is 7.2 for 100

So for 8000 , interest = 7.2*80 = 576 for one year.

Hence for 10 years , 576*10 = 5760

So total amount = principal + interest

= 8000 + 5760 = 13760

Hence total earning = $13760

Done

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please answer within an hour 丘 1 -You open an account with $-&100"(1+ RIGHT[Instructions icija. and...
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