Jenessa364782 Jenessa364782
  • 04-02-2020
  • Mathematics
contestada

A deposit $400 into an account that pays simple interest ta a rate of 3% per year how much interest will be paid in the first 5 years.

Respuesta :

izukumidoriya9090909
izukumidoriya9090909 izukumidoriya9090909
  • 04-02-2020

Answer:

$60

Step-by-step explanation:

This is because 400 times 0.03 is 12 and 12 times 5 is 60

Answer Link

Otras preguntas

What is '7b-2b+3-1' ? Need working and it's equations!!
What is the factor of (2ab)(-5ab)
find the area of a triangle given that c=40m b=20m a=48°
Why do automobiles rust more easily in wet climates than drier climates?
In the top row of an chessboard, Tom writes the values 1, 2, 4, 8, 16, 32, 64, 128. In the leftmost column, Tom writes the values 1, 3, 9, 27, 81, 243, 729, 2
if the score is 90% and the total is 70 what is the number correct ?
Explain why the gravitational acceleration of any object near earth is the same matter what was the mass of the object
I am two numbers, the sum of my numbers is 100, the difference between my two numbers is 30,
Wanda, the Channel 1 weather person, said there was a 30% chance of rain on Saturday and a 30% chance of rain on Sunday. Should Wanda be fired? HELP PLEASE
Who was Canada's FIRST prime minister.