keeponbelieving1 keeponbelieving1

01-07-2016
Mathematics

contestada

$1, 000 after 2 years at an interest rate of 3.0% is $ round up to the nearest cent

Respuesta :

meerkat18 meerkat18

01-07-2016

This may be a simple interest computation.

Simple Interest = Principal * interest rate * term

Principal = 1,000
interest rate = 3%
term = 2 years

Simple Interest = 1,000 * 0.03 * 2
Simple Interest = 60

Total Amount after 2 years: 1,000 + 60 = 1,060

Answer Link

Otras preguntas

People trying to gain weight should eat most of their kilocalories from fat. select one: a. True b. False

Match your vocabulary word to its definition. 1 aquaculture 2. aquifers 3. conservation 4. overfishing ______________________________________ underground source

Why do atoms do group 1 element lose electrons to form cations

Giggles the clown gave every 10th child a balloon animal and paints every 3rd child’s face. If there are 105 kids at the party, how many kids will get balloon a

A paleobotanist would focus on which of the following fossils? fossilized plants human remains fossilized bacteria all fossils

What is the solution to the system of equations that contains −3x + y = 3 and 2x − y = −1? no solution (−1, 3) infinite number of solutions (−2, −3)

Find the mean median and interquartile for the data set below 17,23,8,5,9,16,22,11,13,15,17,18

So what do I do in here?

The function h(x)=x^2+3 and g(x)=x^2-6. If g(x)=h(x)+k, what is the value of k?

What process makes your writing flow and “sound like music?” a. Editing the language of your essay c. Editing the title of your essay b. Editing the punctuation