tiarratillman2 tiarratillman2
  • 04-12-2017
  • Mathematics
contestada

find the final balance in an account with $660 invested at 3.5% annual simple interest for five years.

Respuesta :

carlafossil320
carlafossil320 carlafossil320
  • 04-12-2017
The equation for simple interest is:
A=P(1+rt)
Where:
A=amount
P=principal amount
r=rate as a decimal
t=time
So:
660(1+(0.035×5))=$775.50
Answer Link

Otras preguntas

Which of the following are true? A.Fractions and ratios cannot have zero in the denominator. B.Fractions and ratios are different names for the same thing. C.So
What is 36% of 50. why??
Multiply and simplify (x-3)(x+3)
Which type of climate is experienced in the northern countries of South America? a.tropical b.dry c.cold d.arctic
A heavier person will have a lower blood alcohol level due to a greater amount of __________ in their body. water muscle tissue blood fat tissue
The diameter of a cone is X cm the height is 18 cm mThe The height is 18 cm and the volume is 301.44 cm what is x
Read the passage. In 1924, Nathan Leopold and Richard Loeb were convicted of killing a fourteen-year-old neighbor boy. Leopold and Loeb were in their late teens
Can anyone help me in question number 1 and 2 please
The liquid that contains male gametes and secretions from glands of the human male reproductive system is known as A. Sperm B. Testosterone C. Progesterone
Mackenzie ran the Olympic marathon of 26 1/5 miles in a time of 5 4/5 hours. How far did she run in 1 hour?