nEStAStIC3146 nEStAStIC3146

08-07-2017
Mathematics

contestada

Today, you deposit $2,400 in a bank account that pays 4 percent simple interest. how much interest will you earn over the next 5 years

Respuesta :

mathmate mathmate

08-07-2017

Principal, P = 2400
interest rate, i = 4% (=0.04)
number of years, n=4

Simple interest,
I = Pin
=2400*0.04*4
=$384 after 4 years.

Answer Link

Otras preguntas

If the CPI (consumer price index) of 141 increased 8.3 % this year. What was the end of year CPI?

Discuss various precedents set by Washington as the first US President

WALTER RALEIGH WAS AN EXPLORER WHO SENT SETTLERS TO CROATOAN ISLAND. A. True B. False

Which country did the united states support in the iran-iraq war from 1980 to 1988?

Strengthening a response by providing something needed to survive is called negative reinforcement primary reinforcement secondary reinforcement punishment

Which theory claims that those who use nonstandard speech are less capable of abstract thought?

The middle ages begin at the fall of what great roman empire?

Lynn Roy wants to travel around the world. Lynn Roy has several options she can pursue. She can continue to work full time to earn the money she needs for her t

Setting boundaries to let others know you will not accept hurtful behavior is an example of ________ behavior.

4) Which of the following gases are typically used for colorful lighting when an electric current is applied ?a) hydrogen and heliumb) argan and krypton c) fluo