hylankn57stu hylankn57stu

19-03-2021
Mathematics

contestada

Bill deposits $500 into an account that pays simple interest at a rate 6% per year. How much will he be paid in the first 5 years?

Respuesta :

waxingmoon01 waxingmoon01

19-03-2021

The answer is A=$650

The equation to solve this is: A=P(1+rt)

More specific to this problem:
A = 500(1 + (0.06 × 5)) = 650
A = $650.00

Answer Link

millcrkcotters millcrkcotters

22-03-2021

The answer is $650
Hope this helps

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Suppose M is the midpoint of line FG. Use the given information to find the missing measure or value. FM= 3x - 4, MG= 5x - 26, FG= ?

Which is an important civil right that people living in U.S. territories do not have? A. attending U.S. colleges and universities B. electing the U.S. president

1500 kg car increases its speed by 2 m/s for each second of travel. What is the net force acting on the car?

1. A cafeteria offered two types of milk, regular or chocolate. If they sold 66 cartons total and 18 of them were regular flavor, what is the ration of chocolat

How was John Adams helpful in getting the delegates to sign the Declaration of Independence? A.He used violence and threats against those opposed to independenc

how to subtract mixed numbers

How was John Adams helpful in getting the delegates to sign the Declaration of Independence? A.He used violence and threats against those opposed to independenc

What happens during photosynthesis

#11. is it a polynomial

In 1935, Italy invaded the African nation of