jasmine150 jasmine150
  • 08-05-2017
  • Mathematics
contestada

Joy invests $15,000 at 3% simple interest for 6 year. How much is in the account at the end of the 6 years period?

Respuesta :

jdoe0001 jdoe0001
  • 08-05-2017
[tex]\bf \qquad \textit{Simple Interest Earned Amount}\\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$15000\\ r=rate\to 3\%\to \frac{3}{100}\to &0.03\\ t=years\to &6 \end{cases} \\\\\\ A=15000(1+0.03\cdot 6)[/tex]
Answer Link

Otras preguntas

Spawning is when a a. large group of adults release their gametes into the water at the same time. b. male and female fish release their gametes together. c. mal
what are manufacturing areas
what is an approach paper
£9.00 is shared between Amanda, Anita and Claire in the ratio of 8:5:2 Amanda receives........ Anita receives........ Claire receives........
The horizontally oriented fold of dura mater that separates the occipital and temporal lobes of the cerebrum from the cerebellum is the ......
What do you need to know to describe velocity?
multiply polynomials(2n+2)(6n+1)
An accurate clock shows exactly 3 pm. In how many minutes will the minute hand catch up with the hour hand?
Scott has 1/3 as many computer games as Anish, and Anish has 1/2 as many games as Nick. Together they have 140 games. How many do they have each? Scott has.....
Which two of these are chemical reactions? Tick two boxes. You dissolve a spoonful of sugar in water.   Bread goes brown in the toaster.   You tak