jessicaelaine119
jessicaelaine119 jessicaelaine119
  • 02-07-2020
  • Mathematics
contestada

An account pays 7%per year simple interest. In 1 year, the amount in the account is 950. How much is in the account in year 6

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 04-07-2020

Answer:

First year's interest is already given.

There are 5 more payments of interest

= 5 * 0.07 * 950 = 332.5

so amount in the account after 6 years = 950 + 332.5 = 1282.5

Answer Link
283821ljllllllll
283821ljllllllll 283821ljllllllll
  • 13-12-2020

Answer:

The answer is 1282.50

Step-by-step explanation:

Answer Link

Otras preguntas

When Ann (to come) through the door, Bob (to eat) dinner.
2.8 repeating as a fraction
:3 Help in math, please? I will give you a cookie.
In the carbon cycle, carbon is transferred from animals to decomposers in all of the following ways EXCEPT
Find the best word to complete the sentence. The talkative Miss Bates in the novel Emma tediously ___ on details of every subject that comes her way. A. comp
Which is the best conclusion to draw about the author's tone toward Nikola Tesla's "peculiar personality"?
waht is Fiscal period
what is 8. Business entity
PLZ ANSWER THIS ONLY IF YOU HAVE READ THE HOBBIT How does the treasure hoard of Thror affect the characters? Is this unique to the story or part of human nature
UMMM who's good at science?!?!?! What causes the convection cell to turn up at point A?