cthompson1559 cthompson1559

04-04-2018
Mathematics

contestada

You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500 in interest?

Respuesta :

Belfium Belfium

04-04-2018

I = PRT
500 = 4000 * 0.025 * t
500 / 4000 * 0.025 = t
5 = t

therefore, it will take 5 years to earn $500 interest

Answer Link

Otras preguntas

How do the long telegram, the Truman Doctrine, and the Marshall Plan create a cohesive foreign policy? Cite specific examples to support your response.

Why every values in maths has an approximation ? ( Example : The value of π,... )

Complete the square to re-write the quadratic function in vertex form: y=x2-x+3

Good evening! Can someone please answer this, ill give you brainliest and your earning 50 points. Would be very appreciated.

Please help as you can

In 2005, 12.2 out of every 50 employees at a company were women. If there are 48,744 total company employees, estimate the number of women.

What is the value of 6(2b-4) when b=5?

estimation we are told 5 miles is 8 km. ert 68 km to miles.

Error Analysis Your friend says that the volume of this sphere is 44.58 m3. Find the correct volume, using 3.14 for r. What mistake might your friend have made?

should i make Corrections This Fruit Popsicle with Coconut Water is a frozen delight that will not only please your eyes but also tantalize your taste buds, wit