Chon0eyej0aydir Chon0eyej0aydir

03-02-2017
Mathematics

contestada

If a man has $1,500 in the bank and the annual interest rate is 5%, how much money will he have in the bank after 1 year?

Respuesta :

apologiabiology apologiabiology

03-02-2017

I=PRT
interest=I
P=principal
R=rate in decimal
t=time in years

P=1500
T=1
R=5%=0.05

I=1500 times 0.05 times 1
I=75

interst is 75
total amount is 1500+75=$1575 total

Answer Link

Otras preguntas

The study of aesthetics deals with art criticism and art history. Which aesthetic theory focuses on design elements and organizational principles?

Which factors have a major influence on an area's climate? Select all that apply. A. latitude B. elevation C. water currents D. type of bedrock E. vegetative c

The following table shows the speeds at which Jeff does 4 activities. For example, biking has a rate of 19 miles in 2 hours. Which type of activity does Jeff do

Enlightenment ideas led the founders of the united states to create a government that: A. Gave people a voice in its actions B. Had complete control over it's p

The word that best represents what may seems to value is

what point is the x intercept1.(-3,0)2.(0,2)3.(-2,0)4.(0,-3)

Which of the following statements is not a purpose of the United Nations as described in the United Nations Charter of 1945?

A “The changing of seasons” can be cited as an example of which music element? A. beat B. rhythm C. interval D. broken chord

What is the momentum of a 1200-kilogram car traveling at 15 meters per second due east

Help asap What is the value of e A. 32B.238C.58D.122