jonathan deposited $2,750 into a savings account with a simple interest or 4% how much interest will he earn after 18 months.

Assuming that it is a 4%/year interest rate;

$2,915.00

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 4%/100 = 0.04 per year.

Putting time into years for simplicity,

18 months / 12 months/year = 1.5 years.

Solving our equation:

A = 2750(1 + (0.04 × 1.5)) = 2915

A = $2,915.00

The total amount accrued, principal plus interest, from simple interest on a principal of $2,750.00 at a rate of 4% per year for 1.5 years (18 months) is $2,915.00

30 units^2

step-by-step explanation:

area is l × w

the length is 3

and the width is 10

3 × 10= 30 units squared

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: