Gideon2908 Gideon2908

02-03-2021
Mathematics

contestada

Jack has $20 in his savings account that earns 10% annually.The interest is not compound.How much will he have in 1 year?

Respuesta :

samuelonum1 samuelonum1

04-03-2021

Answer:

$22

Step-by-step explanation:

Given data

Principa= $20

rate= 10%

time= 1 year

The simple interest expression is given as

A= P(1+rt)

substitute

A= 20(1+0.1*1)

A= 20*1.1

A= $22

Hence the amount after 1 year is $22

Answer Link

Otras preguntas

Which equation has both 4 and -4 as possible values of y? a. y3 = 64 b. y2 = 8 c. y3 = 8 d. y2 = 16

what is the main idea of the paragraph. have yo ever wondered how images find there ways onto televisions screen. some tv shows are delivered to homes thro

What is the value of the expression |x| + |y + z| when x = –6, y = –3, and z = –5?

A Sports arena covers 710,430 square feet of ground. A newspaper reported that the arena covers about 700,000 square feet of ground. To what place value was t

The phase of cell division in which chromosomes align on the spindle equator halfway between the spindle poles is A. prophase. B. telophase. C. anaphase. D. me

what are the pros and cons of the stamp act ?

Diastole is: the technical name for a heart attack a form of hypertension when the ventricles relax and fill with blood the contraction of the ventricles

why would thailand's tropical rainforest be a good place to make a nature film ??

Which prophet and beliefs were tied to the Israelites? 1.David and the Epic of Gilgamesh 2. Abraham and the Epic of Gilgamesh 3. Moses and the Ten Commandment

report writing about garbage disposal