ping2em ping2em
  • 15-02-2021
  • Mathematics
contestada

principal is 5000 rate p.a. is 8 percent and time 1year

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 20-02-2021

Answer:

5400

Step-by-step explanation:

Given data

P= 5000

r= 8%

t= 1 year

The simple interest expression is given as

A= P(1+rt)

Required

The final amount A

substitute

A= 5000(1+0.08*1)

A= 5000*1.08

A= 5400

Hence the final amount 5400

Answer Link

Otras preguntas

Salivary amylase breaks down which class of organic molecules?
Why does convection occur only in fluids?
a student performed an experiment by placing the de-shelled egg in a concentrated salt solution for five minutes .what changes did he observed in the egg? give
Is it possible that a speed of 254 and a speed of 100 could be the same speed?
Use the percent proportion to solve each problem Round to the nearest tenth 37 is what percent of 58? 30 is 75% of what number
what is the active component of dynamite
Salivary amylase breaks down which class of organic molecules?
what are the different ways in which power sharing among different communities is organised today
An astronaut lands on a new planet. The new planet’s mass is half that of the Earth and the new planet’s radius is half that of the Earth. If he weighs 500 N o
Loc can mow his entire lawn in 20 minutes; Loc's roommate Reza needs 30 minutes to mow the entire lawn. If Loc starts mowing at 1:00, mows for five minutes and