Michael goes to the bank and puts $6000 in a savings account. He earns a simple interest of 3.5% If he leaves the money in the account for 2 years, what is the total amount in the account after the two years?

9514 1404 393

  $6420

Step-by-step explanation:

The account value can be found using the formula ...

  A = P(1 +rt)

where P is the initial deposit, r is the annual rate, and t is the number of years.

  A = $6000(1 + .035×2) = $6000(1.07) = $6420

The total amount after 2 years is $6420.

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!

probability for j is 1/4

while

a is 1/6