bestsongever123 bestsongever123
  • 02-08-2017
  • Mathematics
contestada

You deposit $70 in a savings account that pays an annual interest rate
of 3%. How much simple interest would you earn in 2.5 years?

Respuesta :

WimpyNate
WimpyNate WimpyNate
  • 02-08-2017
You would earn $4.2, since every year you can get $2.1 for interest, because $70*0.03. Also, the interest only can be count as two years because its annually, so the 0.5 year can't count.
Answer Link

Otras preguntas

What is 30,000 is 10 times as much as
76 less than the quotient of an unknown number and 5 is 116.
Gaetano spent $37.80 including tax on a pair of jeans how much did the jeans cost if there was an 8% sales tax
resources spent for placing a computer, projector, and screen in every school classroom are a form of
The greatest common factor of 24,40 and 56
What fighting methods did the colonists use against the British troops marching back to Boston from Concord?
Sperm are released out of the male reproductive system through the (2 points)
what is the lowest factor of 27
Which statements correctly describe the Delian League? Choose all answers that are correct. a. Athens dominated the league and meddled in the affairs of other
What is 6 divided by 1/5?