0INeedanswers0 0INeedanswers0

26-03-2021
Mathematics

contestada

Keiko deposits $3000 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 5 years?

Respuesta :

26-03-2021

Answer:

Step-by-step explanation:

Simple interest is not compounded and is

I=Prt (where I=interest, P=principle, r=rate, t=time)

I=3000(.02)5

I=$300

Answer Link

Otras preguntas

Which is the main difference between Madame Defarge and her husband, Monsieur Defarge? A. Madame Defarge envisions taking over the Bastille, while her husband

Which sentence uses correct capitalization? A. The Emancipation Proclamation was announced during Abraham Lincoln's presidency. B. Just off the coast of Califor

a 70% decrease of 270

True or False According to Avogadro's principle, at equal temperatures and pressures, equal volumes of gases have equal masses.

suppose you are outside on a hot day and you move into the shade of a tree. which form of energy transfer are you avoiding

The word which means to cut into two parts is _____. dichotomy wedge binomial

Why is making sand from glass a chemical change?

Is it true that the Mediterranean sea made it easier for other countries to invade Egypt

Laura earns 134,350 per year. Use Laura's income taxes rate too determine what her monthly deduction should be

Why is coal considered a fossil fuel? A. Because it was formed from layers of decaying plants that fossilized into coal. B. Because it was formed by laters of d