Ashley deposits 3400 into her savings account earning simple interest at 6.3%, she intends on leaving the bank in eight months. How much money including both principal and interest can she withdraw at the end of this time?|||A = 3400(1 +0.042) = 3542.8|||A=P(1+rt)
A=3400(1+(0.063*2/3)
A=3400(1+0.042)
A=3400(1.042)
A=3542.8
So the answer would be $3542.80
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