clararickerson clararickerson
  • 02-04-2020
  • Mathematics
contestada

Calculate simple interest
Question
If you deposit $5,000 into an account that pays 4% simple interest per year, what will the balance be in 6 years?

Respuesta :

zsword1804 zsword1804
  • 02-04-2020
so
I=P⋅i⋅t=Ii⋅t=50000.04⋅6=20833.33
Answer Link

Otras preguntas

14,28,56,112 number pattern
What is the distance between points (2, 8) and (7, 5)? Round to the nearest tenth of a unit.
In which compound does chlorine have the highest oxidation number?(1) NaClO (3) NaClO3(2) NaClO2 (4) NaClO4
How do you figure out permutations?
Two candidates ran for class president. The candidate that won received 70% of the 320 total votes. How many votes did the winning candidate receive?
Soviet Union expanded into what two countries in 1939 a) Poland and Finland b) Ukraine and Belarus c) Ukraine and Poland d) Finland and Belarus T/F
Which statement must be true for any chemical reaction at equilibrium? (1) The concentration of the products is greater than the concentration of the reactants.
which ratio is equivalent to 5/10
6/16 OR 30/80 WHICH ONE is bigger?
I have 4 factors. three are 1, 2, and 10. what is the fourth