You deposit $700 in an account paying 7.7% simple interest. Find the future value of the investment after 2 years. (Enter a number. Round your answer to two decimal places.)

The future value of the investment after 2 years is $807.8

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal or amount invested.

R represents interest rate

T represents time in years

I = interest after t years

From the information given

T = 2 years

P = $700

R = 7.7%

Therefore

I = (700 × 7.7 × 2)/100

I = 10780/100

I = 107.8

The total amount in the account after 2 years would be

700 + 107.8 = $807.8

step-by-step explanation:

i found the koficent of the linear function and i foun c acordind to the strict formula y=kx+c and then i took 2 as an x and replacet it on the formula i found and then foun the y

5 + 8 +7 + 4 + 0 +1 = 25

step-by-step explanation: