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 reactants form a combustion reaction?

I A segment of a DNA molecule unzips, revealing a instructions in a for that protein. with the

HELPPPP! Which expression is equivalent to 7Vx^2/5Vy^2

The entire Elizabethan playhouse was covered by a roof. True False

3. The three angles of a triangle measure x°, y° and 46°. Which of the following statements must be true? a. y=x+46 b. y=180-x c. y+x=180-46 d. x+y=46

FIRST RIGHT ANSWER GETS BRAINLIESTSelect all that applyHow old is the earliest version of the fairy tale Cinderella, and to which culture does it belong?Under 1

What happened to Becca and Howie that is the main problem of the story

The radius of the planet Saturn is 945% of the radius of Earth. What is 945% expressed as a fraction and as a decimal? PLZ HELP(don't send link and there no pho

A dance studio is offering a ballroom dancing class. In order for the class to be held, a minimum of 20 people must sign up to take the class. The studio ballro

POSITIVE EFFECTS OF STIMULANT DRUGS ON THE BRAIN