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

how have vaccines impacted people's understanding of the world?

The cost of 1 dozen pens is ₹ 24. Find the cost of 30 pens. hurry

Write a 150-word essay in which you explain what you believe Benjamin Franklin thinks is the road to wealth based on his writing. Use evidence from the poem to

pls help i don’t understand!

Evaluating Speakers You have now read and listened to three speeches. Choose any two of the speeches, and identify and evaluate the specific strategies used to

Why did Europeans choose the African slave trade rather than enslaving natives who already lived there?

Jake needs a new camera for school. He has already saved $110 and he earns $9 per hour in a photography internship. If the equation s = 9h + 110 represents that

How will the graph of the function f(x)=3^x translate the function is changed to f(x)=3(x-2)

Write the function rule for this table

describe your brother in a metaphor plzz help