You deposit $700 in a bank account for 2 years that earns a 3% simple interest. How much interest is earned on the account?

You deposit some money into a bank account paying 4% simple interest per year. You received $72 in interest after 3 years. How much the deposit (principal) was?

Result:

The principal was $600.

Explanation

Find principal by using the formula , where I is interest, P is total principal, i is rate of interest per year, and t is total time in years.

In this example I = $72, i = 4% and t = 3 years, so

Step-by-step explanation:

it's d.

step-by-step explanation:

because: -1(4x + 1y) +2 (1x-3y) distribute each number into the parenthesis.

then you would get: -4x - 1y + 2x -6y combine like terms

and get: 2x -7y

hope my answer has you if not then i'm sorry.