nicholasmccrossin nicholasmccrossin
  • 04-01-2021
  • Mathematics
contestada

Find the interest due on $1,090 at 8% for 5 years.

Respuesta :

shantanudover shantanudover
  • 04-01-2021

Answer:

$1601.57, $511,57 more intrest

Step-by-step explanation:

1,090*1.08^5

= 1601.5676

Round up to get 1601.57

Answer Link
taedreamiee
taedreamiee taedreamiee
  • 04-01-2021

Interest = Principal × rate × time/100

=> 1090×8×5

= 43,600/100

=> $436

Hope it helps!

Answer Link

Otras preguntas

Which compound is classified as a hydrocarbon? (1) butanal (3) 2-butanol (2) butyne (4) 2-butanone
Find the x and y intercept of the line 5x-4y=30.the graph
A 1-gram sample or a compound is added to 100 grams of H2O(l) and the resulting mixture is then thoroughly stirred. Some of the compound is then separated from
Which statement describes one acid-base theory? (1) An acid is an H+ acceptor, and a base is an H+ donor. (2) An acid is an H+ donor,. and a base is an H+ accep
The concentration of a solution can be expressed in (I ) milliliters per minute (2) parts per million (3) grams per Kelvin (4) joules per gram
Name one U.S. territory
What is the capital of the United States?
The House of Representatives has how many voting members?
We elect a U.S. Representative for how many years?
What does the judicial branch do?