HayvnU664696 HayvnU664696
  • 03-11-2022
  • Mathematics
contestada

If $1,200 is invested in an account that earns 4.5% interest per year, how muchmoney will be in the account after 6 years?

Respuesta :

AlizehJ309325 AlizehJ309325
  • 03-11-2022
[tex]\begin{gathered} \text{Interest}=\frac{Prin\text{icipal}\times rate\times time}{100} \\ I=\frac{1200\times4.5\times6}{100} \\ I=324 \\ \text{The money in the account is.} \\ \text{Money}=P+I \\ \text{Money}=1200+324 \\ \text{Money}=\text{ \$1524} \end{gathered}[/tex]

Answer Link

Otras preguntas

help I’m doing a test.... what is 3(2x-9) =
Im confused on how to do this can someone explain and show me how this works please I will mark brainly.
Help and explain Find the area of the circle Use 3.14 for. Do not round your answers
it won’t let me delete this :)
To get more speed, your driven gear needs to be ________________ the drive gear. a larger than b smaller than c the same size as
The RNA complementary sequence to the following DNA sequence "ATGCGT" is
what are plant cells and animal cell ?
5cm 2cm 8cm Volume of 3D shape
I'll give brainliest please help!
Assume that markup is based on selling price. Find the dollar markup and percent of markup on selling price. (Round your "Dollar markup" answer to the nearest c