Jenessa364782 Jenessa364782
  • 04-02-2020
  • Mathematics
contestada

A deposit $400 into an account that pays simple interest ta a rate of 3% per year how much interest will be paid in the first 5 years.

Respuesta :

izukumidoriya9090909
izukumidoriya9090909 izukumidoriya9090909
  • 04-02-2020

Answer:

$60

Step-by-step explanation:

This is because 400 times 0.03 is 12 and 12 times 5 is 60

Answer Link

Otras preguntas

if a piece of dna goes missing what happens to the information
Select the correct answer. How is this excerpt from Walden by Henry David Thoreau representative of romantic ideals? A. It describes how man derives material
Solve 7x- c= k for x. A. x= 7(k+ c) B. x = k+c/7 C. x=7(k-c) D. x = k-c/7
The length of a rectangle is 3 cm longer than its width. If the perimeter of the rectangle is 30 cm, find its area.
Please help with this question..
what is a what is a cmpwhat is a what is a cmp​
Last year Marsha helped 5 different sellers sell their home. The sale prices of these 5 homes were as shown in the table below. If Marsha made. 3% commission on
5 dicided by 4 in a form of a decimal
A customer left $25 for a meal that cost $20.66. Determine the tip percent.
Baker purchased a dozen golf balls for $.12.50, a bag of tees for $1.79, and a golf shirt for $27.99. He paid $2.96 in sales tax. What was his Change from $50.0