Gideon2908 Gideon2908

02-03-2021
Mathematics

contestada

Jack has $20 in his savings account that earns 10% annually.The interest is not compound.How much will he have in 1 year?

Respuesta :

samuelonum1 samuelonum1

04-03-2021

Answer:

$22

Step-by-step explanation:

Given data

Principa= $20

rate= 10%

time= 1 year

The simple interest expression is given as

A= P(1+rt)

substitute

A= 20(1+0.1*1)

A= 20*1.1

A= $22

Hence the amount after 1 year is $22

Answer Link

Otras preguntas

Bloro Appliances is pushing a new model of dishwasher. It costs Bloro $71.22 to put each dishwasher on the sales floor, but they can sell the dishwashers for $2

How are the jin wang and danny/chin-kee plotlines similar?

Sumerian social order was a hierarchy. true or false

According to this astronomer's depiction of Venus' orbit, Venus is an average of ______ million miles from the Sun. (Enter only the number.)

what are the two main sources of energy on earth ?

What kind of graphic would show the sequence of dates when discoveries about the circulatory system were made

The price of a cup of coffee has risen to $2.65 today. Yesterday's price was $2.40

On which body of water is Brazil? A. Pacific Ocean B. Atlantic Ocean C. Mediterranean Sea D. Caribbean Sea

Isoke is solving the quadratic equation by completing the square. 10x2 + 40x – 13 = 0 10x2 + 40x = 13 A(x2 + 4x) = 13 What is the value of A?

What kind of graphic would show the sequence of dates when discoveries about the circulatory system were made