solanasb solanasb

03-03-2021
Mathematics

contestada

What is the amount of simple interest after 3 years if $250 was deposited at a 4% interest rate?

Respuesta :

divoji4645 divoji4645

03-03-2021

Answer:

$290

Step-by-step explanation:

250 * 4% (Or 0.04) = $10

$10 is interest per year

$10 * 4 years = $40

$250 + $40 = $290

Answer Link

Otras preguntas

Who was the first president

Which of the following statements is true? A thin layer of chyme protects the lining of the digestive tract from being broken down by enzymes. Hydrochloric aci

How do you know if all of these answers that you ask on here are always true?

Which of the following statements is false? once an invasive species is well-established, it’s virtually impossible to eradicate it most U.S. states prohibit th

Sales revenue less cost of goods sold is called

Why was the storming of the bastille a significant event?

Which of the following is an example of how to identify with your audience? a. point out similar experiences b. identify shared cultural background c. identify

y=2x^2+16x+30 axis of symmetry

How many hydrogen bonds are found between a-t

Parallelogram PQRS is shown on the coordinate grid. Parallelogram PQRS is dilated with the origin as the center of dilation using the rule (x, y) → (0.75x, 0.7