Chon0eyej0aydir Chon0eyej0aydir

03-02-2017
Mathematics

contestada

If a man has $1,500 in the bank and the annual interest rate is 5%, how much money will he have in the bank after 1 year?

Respuesta :

apologiabiology apologiabiology

03-02-2017

I=PRT
interest=I
P=principal
R=rate in decimal
t=time in years

P=1500
T=1
R=5%=0.05

I=1500 times 0.05 times 1
I=75

interst is 75
total amount is 1500+75=$1575 total

Answer Link

Otras preguntas

Agree or disagree"the prosperity of the"boom years",led to the extravagant lifestyles for the wealthy which eventually led to the collapse of the wall street st

Key points of amendment 6th

Why can bacteria recognize a human gene and then produce a human protein

Henry can write 5 1/4 pages of his novel in 3 hours how many page can he write in 8 hours

Which of the following is not one of the three major elements that we look for when reading informational texts? a. main idea c. exposition b. explanation

The social class system in Latin America during the 16th and 17th centuries reflects the

Which term best describes journalists who worked to expose abuses of corporate power, thereby gathering public support for regulation and reform, during the Pro

stress tends to manifest itself in _____changes

Select the SIX nutrients found in food. carbohydrates protein whole grains fat vitamins amino acids minerals sugar water

Women who are educated tend to wait to start families and have fewer children than other women. a. True b. False