Answer:
17,810.58
Step-by-step explanation:
A = $ 17,810.58
A = P + I where
P (principal) = $ 10,000.00
I (interest) = $ 7,810.58
Step-by-step explanation:
we can write it in %form:
100% of the total income Annual income= $32,000 (given in question)
1%=$320. (divide both sides by 100 to solve by 1%)
8%=$320×8
(multiply by 8 both side to get money saved)
8%= *$2,560*
