cthompson1559 cthompson1559

04-04-2018
Mathematics

contestada

You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500 in interest?

Respuesta :

Belfium Belfium

04-04-2018

I = PRT
500 = 4000 * 0.025 * t
500 / 4000 * 0.025 = t
5 = t

therefore, it will take 5 years to earn $500 interest

Answer Link

Otras preguntas

what was the purpose of the bill of rights

1) -4.2 = y - 1.8 i don’t know the answer need help

Please help me idk this

Wanting to be a good teammate, Erika never mentioned the other players. She expected them to step up and admit their involvement. She ended up taking the fall a

What is the mood of “ The Tell -Tale Heart” by Edgar Allan Poe

The water that she is using to create her beverage line is an example of? The number of employees required to produce her beverage line is an example of? The re

The total cost of 2 jackets and 3 shirts is $225. The cost of a jacket is three times the cost of a shirt. Find the cost of a jacket and a shirt X= cost of a j

People include as "kin" others to whom they are linked by Select one: a. ancestry. b. marriage. c. adoption. d. All of these responses are correct.

Mrs. Cooper has 51.2 pounds of soil. She uses 12.9 pounds of soil for her houseplants and 30.4 pounds of soil for her garden How many pounds of soil does Mrs.

Generate a sequence using this description. The fist term in the sequence is 2, and the terms increase by consecutive odd number beginning with 3.