kaylahernandez2121 kaylahernandez2121

20-04-2021
Mathematics

contestada

Brayden invests money in an account paying a simple interest of 3.3% per year. If he invests $30 and no money will be added or removed from the investment, how much will he have in one year, in dollars and cents?

Respuesta :

20-04-2021

Answer:

$30.99

Step-by-step explanation:

The formula for simple interest is I = PRT where I = interest earned, P = principal amount borrowed/deposited, R = rate as a decimal, and T = time in years.

I = (30)(0.033)(1)

I = 0.99

Then add that to the amount deposited ($30) and you're done.

30 + 0.99 = $30.99

Please let me know if you have questions.

Answer Link

CaveScriptjavaisgone CaveScriptjavaisgone

21-04-2021

The answer is $29.01

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

It takes 5 hours to paint every bedroom in a condominium compound. There are 60 bedrooms in every building. How long will it take to paint all the bedrooms if t

02:59:02 Who is considered the founder of the French Rococo style of painting? a. Jean-Antoine Watteau b. Jean-Honore Fragonard c. Johann Balthasar Neumann d. J

The brothers wanted _______ special dinners that Philip had promised to make. What pronoun goes in the blank?

promissory note received from a customer in exchange for an account receivable is recorded by the payee as

What is the independent variable

Revenue of $1,000 was collected in advance from customers for goods and was recorded as sales revenue. At year end, $600 of the revenue collected in advance is

Monica, a project manager at a software firm, learns during a status report meeting that a difference exists between the baseline scope and the actual project p

Heights of certain plants at a nursery are normally distributed with a mean of 52.5 centimeters and a standard deviation of 7.2 centimeters. If their z-scores a

HELP PLEASE !!!!!!! If a ball is accelerating down through the air with no horizontal motion, what must be true about the net forces acting on the ball? The gra

Language Arts Diagnostic Assessment 1 When April reached the park. Which of these correctly changes the fragment into a complete sentence? O A. She did not when