bestsongever123 bestsongever123
  • 02-08-2017
  • Mathematics
contestada

You deposit $70 in a savings account that pays an annual interest rate
of 3%. How much simple interest would you earn in 2.5 years?

Respuesta :

WimpyNate
WimpyNate WimpyNate
  • 02-08-2017
You would earn $4.2, since every year you can get $2.1 for interest, because $70*0.03. Also, the interest only can be count as two years because its annually, so the 0.5 year can't count.
Answer Link

Otras preguntas

why must organism maintain stable internal condition
what is the relationship between the values of the 4s in 4,438
Factoring Trinomals (a=1)b^2 + 8b + 7
What is the value of three in 34,525
round to the nearest hundredth. 84.562
How might a theory relate to a model in science?
Ronald Reagan majored in _____________ and ___________________ while in college.
How would weather reporter read 0.103 meter?
2 tens 3 tenths 1 thousandths greater or less than 20.31
Round 412,825 to the nearest ten