Jenessa364782 Jenessa364782
  • 04-02-2020
  • Mathematics
contestada

A deposit $400 into an account that pays simple interest ta a rate of 3% per year how much interest will be paid in the first 5 years.

Respuesta :

izukumidoriya9090909
izukumidoriya9090909 izukumidoriya9090909
  • 04-02-2020

Answer:

$60

Step-by-step explanation:

This is because 400 times 0.03 is 12 and 12 times 5 is 60

Answer Link

Otras preguntas

How are the Mississippi and amazon rivers different
Which characteristic allowed the Industrial Revolution to begin in England? A. Mostly Urban Population B. Large Population of Landowners C. Long Life Expectancy
Make 3 sentences with 7 syllables about any spring themed meanings to it. (Do not always have to use the word spring)
You driving your vehicle on a municipal street and are approaching a school crosswalk
I'm not sure where to begin, can someone help me begin?
Can someone PLEASE help me research 3 cars I'm struggling I don't understand how to finance or lease a car it can be any car. This needs to be done in order for
20 POINTS!!!! Please explain will give brainliest!!!
what is the sum? 3/x+4/(x)2
Your computer supply store sells two types of inkjet printers. The first, type A, costs $269 and you make a $24 profit on each one. The second, type B, costs $1
Why did Japan want to seize the pacific islands