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

The following three investment opportunities are available. The returns for each investment for each year vary, but the first cost of each is $20,000. MARR is 9
how do u answer a question
5.50 L of a 0.190 M CaCl2M CaCl2 solution How do you find Grams?
A plastic material has a mass of 3.48 g and a volume of 10 mL. What is the density of the object? Please show your work to receive credit.
Which statement is correct based on the information provided in the two diagrams? A. The diagrams both provide support for the theory that the continents have a
The highest commercially navigable lake in the world.. What does this mean? (I need a answer quick!)
The buying and selling of rights to players. a) Transfer fees b) Signing bonuses c) Restocking fees d) Free agency
Why is it not a reason a dirt or gravel road can be dangerous
Answers to any of these questions would be super appreciated, I am so sleep deprived I’m about to drop
La edad antigua termina en 1789 con la revolución francesa verdadero o falso (justifica tu respuesta