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

Caroll spinney, who turns 83 today, is famous for voicing big bird and which other character on sesame street?

Does the peple vote for an amendment of the us constitution?

I Am Giving Away All Of My Points!!!!! I Will Also Give You A Medal Compare the emergence of advanced civilizations in Meso and South America with the four ear

At Southside Middle School, 40% of the students play an instrument. There are 305 students. How many students play an instrument?

write a division problem involving the division of a decimal by a whole number with an estimated quotient of 7

How is central Europe different today from the way it was in the middle of the 17th century?

which of the following best describes the action that is creating the rift valley in Africa? (a) the african plate is colliding with the aribian plate (b) the a

A certain liquid has a density of 2.67 g/cm3. 1340 g of this liquid would occupy a volume of ________ l.

which theory states that the sunis the center of the universe? A geocentric theory B solar theory C heliocentric theory D geography theory

evalute the following expression using x=6 8 (3×+1)