27gipon01 27gipon01
  • 03-10-2021
  • Mathematics
contestada

Edward deposited ​$5,500 into a savings account 5 years ago. The simple interest rate is ​%2. How much money did earn in​ interest? What would be new account​ balance?

Respuesta :

bosm93
bosm93 bosm93
  • 03-10-2021

Answer:

6072.444

Step-by-step explanation:

x = 5,500(1+0.02)^5

Answer Link

Otras preguntas

Why is voting for leaders significant for citizens of the United States?
CAN SOMEONE HELP ME WITH THIS PROBLEM? WILL GIVE BRAINLEIST!!! Use an equation to find the percent. Round answer to the nearest tenth. What percent of 84 is 50
What is a major way that a consumer can protect himself/herself when getting a credit card? A) Making sure that they get a very high credit limit. B) Reading t
The equation tan(x+ pi/3) is equal to
president roosevelt and british prime minister churchill agreed to recongnize the government in poland but only if soviet leader Joseph Stalin agreed to what co
Describe the Berlin Airlift.​
What is the only u.S. State with the union jack on its flag?
You are a governor. A bill that recently passed the state senate is on your desk, and you don't like it. Explain what you can do in each of the following three
Need help !!!!! Stuck asap
How does elections impact society