sophianieves60501 sophianieves60501

04-06-2021
Mathematics

contestada

Michael deposits $4000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 4 years? PLEASE ANSWER QUICK

Respuesta :

04-06-2021

Answer:

$960

Step-by-step explanation:

simple interest = [tex]\frac{P R T}{100}[/tex]

= [tex]\frac{4000*6*4}{100}[/tex]

= $960

Answer Link

04-06-2021

I = PRT

I = 4000×0.06×4= 960

Interest = 960 dollars

Answer Link

Otras preguntas

Sofia still lives at home, but helps with the rent paying $200 per month. She has a job that pays about $700 per month after taxes. She has to pay for her own p

~PLEASE HELP ASAP OFFERING 10 POINTS~ To the nearest cent, evaluate the problem below 1) $44.50 X (4%- 2.25%)

Definition of parasitism

After watching her sister receive ten dollars for cleaning her room and vacuuming, lily begins to clean her room and the bathroom. according to social-learning

please help to me solve these ! :)

A force of 100 N acts uphill on a 4 kg mass which sits on a surface with μ = 0.7 inclined at 23 degrees. Find the acceleration.

What is a serenade?

A line has slope 2/3 and y–intercept −2. Which answer is the equation of the line? y=2/3x+2 y=2/3x−2 y=−2x+2/3 y=2x+2/3

Find the points on the curve that are closest to the origin x^2y=16 lagrange

A factory bottles 360 bottles of juice in 5 minutes. Find the factory's unit rate of bottles per minute.