silviocoto19school silviocoto19school

04-02-2022
Mathematics

contestada

(Givng Good Points!)
Mark deopsits $500 into a bank account. He gets a 3% interest rate. How much money will Mark earn in interest over 5 years?

$150
$750
$75
$10

Respuesta :

musiclover10045 musiclover10045

04-02-2022

Simple interest formula :

total = starting amount x (1 + ( interest rate x time))

total = 500 x (1 + (.03 x5))

Total = 575

Interest = 575-500 = 75

answer: $75

Answer Link

Otras preguntas

Desirees obscure origin

What is the volume of a cylinder, in cubic feet, with a height of 8 feet and a base diameter of 18 feet? Round to the nearest tenths place

In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions: overhead costs,

Which votes are the most important for a presidential candidate to receive

Please help...........

Please help with math problem 2!

Which is NOT a country of Europe? Select one: a. Denmark b. Britain O C. Germany d. Brazil O e. Greece

When is the Declaration of Independence signed? When do the British open fire of New York?

the 42nd amendment abolished untouchability true or false

Which of these is NOT equivalent to 2-37