maxmobergvux maxmobergvux
  • 01-03-2021
  • Mathematics
contestada

You have deposited 10,000 in an account that gives 2% interest every year. How much have you received in interest after two years?

Respuesta :

arulmalu
arulmalu arulmalu
  • 01-03-2021

Answer:

Amount deposited(P)=  10000

Interest rate    (R) = 2%

year (T)     = 2

Formula

S.I=PRT / 100

S.I = 10000×2×2÷100

S.I =40000÷100

S.I =400

Step-by-step explanation:

Answer Link

Otras preguntas

Can someone smart please help me? a) A farmer has some chickens and some rabbits, 46 heads altogether, and 96 legs altogether. How many chickens and how many ra
Express the function tan 120º as a function of an acute angle. A. -tan 60º B. -cot 60º C. cot 60º D. tan 60º
with what arguments does Lady Reason seems the intelligence of women ?
can someone please define variation for me?
What is the solution to -5(x+6)(9×2)
Quadrilateral JKLM was dilated according to the rule DO,(x,y) to create the image quadrilateral J'K'L'M', which is shown on the graph. What are the coordinates
If measuring experimental results, what can you predict about the work output of a 1200 Watt hair dryer? a. The work output of the hairdryer will be less than t
Sing the information on slide 24, explain how dna evidence supports the known biology of the seven cone snails.
Of all the independent trading cities in italy, which city was the most influential in the development of renaissance ideas?
On January 1, 1970, Los deposited $1950 into a savings account paying 6.6% interest, compounded semiannually. If she hasn't made any additional deposits or with