wrebecca840 wrebecca840

03-10-2020
Mathematics

contestada

You put $4,000 in a savings account. The account earns 5.25% simple interest per year. What is the total balance after 5 years?

Respuesta :

netizenwebb netizenwebb

03-10-2020

Answer:

$5,050.00

Step-by-step explanation:

Principal: $4,000

rate: .0525

time: 5 Years

Interest:

I = Principal * rate * time

I = $4,000 × 0.0525 × 5 = $1,050.00

Total balance:

Principal + Interest

$4,000 + $1,050.00 = $5,050.00

Answer Link

Otras preguntas

Tell me two things that come to mind when you about greece.

how did the u.s. become a strenthing factor in the UN

Which part of speech should not be used very often in formal writing?

Suppose a parabola has an axis of symmetry at x=-1 a maximum height of 6 and passes through point -2,1. Write the equation of the parabola in vertex form

what was life like in the trenches in ww1

Rewrite the sentence using an absolute phrase for "he wanted a car"

Which word correctly completes this sentence? She has to _____ the concert until next week because she sprained her ankle. A. abandon B. bluff C. distribute

During the us occupation of japan after world war ii, japan’s military was

Should community service always fit the crime, or should these sentences be based on the needs of the community? Explain

12-2x=2(x+1). solve for x