gabriellem96
gabriellem96 gabriellem96
  • 04-06-2020
  • Mathematics
contestada

You put $200 in a savings account. The account earns 2% simple interest per year. What is the interest earned after 5 years?

Respuesta :

tobybc12
tobybc12 tobybc12
  • 04-06-2020
$20 because 2% of 200 is 4 times it by 5 is 20
Answer Link
sonicfanz200
sonicfanz200 sonicfanz200
  • 04-06-2020

Answer:

20

Step-by-step explanation:

2% / 100 = .02

200x.02x5=20

Answer Link

Otras preguntas

Which substance does not obey the Lewis octet rule? a. O₂ b. NO c. CO d. N₂ Can anyone explain this one for me?
expand and simplify this can you help  (2x²−3x+4) ( x²+5x−7)
What hardships did the south face after the civil war????
A merry-go-round makes 18 rotations in 3 minutes. What is its angular speed in rpm?
Concorde could travel 1 mile every 3 seconds.How many miles per hour (mph) is that?
Why was Emmeline Pankhurst significant?
Which of the following occurs during anaphase I of meiosis? (A) Formation of tetrads (B) Separation of homologous chromosomes (C) Crossing over (D) Separation o
How many cups are in 1 gallon of water
Force and Motion: Force changes _________.
Which substance does not obey the Lewis octet rule? a. O₂ b. NO c. CO d. N₂ Can anyone explain this one for me?