Mr. Jenkins deposited $1,250 into an account. He made no additional deposits or withdrawals. Mr. Jenkins earned 4.25% annual simple interest on the money in the account What was the balance in dollars and cents in Mr. Jenkins's account at the end of 4 years? Record your answer and fill in the bubbles on your answer document. Be sure to use the correct place value. Answer

Mr. Jenkins deposited $1,250 into an account. He made no additional deposits or withdrawals. Mr. Jenkins earned 4.25% annual simple interest on the money in the account What was the balance in dollars and cents in Mr. Jenkins's account at the end of 4 years? Record your answer and fill in the bubbles on your answer document. Be sure to use the correct place value. Answer

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter1: Foundations

Section1.2: Use The Language Of Algebra

Problem 180E: Home insurance Armando’s home insurance has a $2,500 deductible per incident. This means that he...

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Home insurance Armando’s home insurance has a $2,500 deductible per incident. This means that he pays $2,500 and the insurance company will pay all costs beyond $2,500. If Armando files a claim for $19,400. (a) how much will he pay? (b) how much will the insurance company pay?
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