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11-12-2020
Mathematics

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Sadie has $14,685 in a savings account. The interest rate is 13% per year and is not compounded. To the nearest cent, how much will she have in one year?

use the formula I = PRT, where I is the interest earned, p is the principal, R is the interest rate expressed as a decimal, and T is the time in years.

round your answer to the nearest cent

Respuesta :

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11-12-2020

Answer:

$16,594.05

Step-by-step explanation:

13 * 14,685/100 = 1,909.05

14,685 + 1,909.05 = 16,594.05

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