5) A savings account earns 4.5% annual simple interest. The principle is $1300. What is the balance after 3 years? *

$1483.52

Step-by-step explanation:

P=principle

Fn=total at the end of a given year(=n) (subscript)

I= interest in decimal

F=P(1+I)

at end of first year F1=P(1+I)

at end of second year F=F1(1+I)= P(1+I)(1+I)= P(1+I)^2

or in general Fn=P(1+I)^n

step-by-step explanation:

once you graph it hit 2nd (the blue button) and graph

that takes you to a table of coordinates

on the left is x coordinates and on the right is y coordinates and an empty box

(you may have to scroll up/down in order to get ( x, 0)

why can't you?

step-by-step explanation: