tala02
tala02 tala02
  • 21-09-2017
  • Mathematics
contestada

how much money must you deposit in a simple interest account to earn $500 in interest in 5 years at 4% annual interest?

Respuesta :

cloudieliu cloudieliu
  • 21-09-2017
500*5*0.04=100
Let me know if I wrong
Answer Link

Otras preguntas

has our society learned from fahrenheit 451
The function f(x) is given by the set of ordered pairs.{(8, -3), (0, 4), (1, -5), (2, -1), (-6, 10)}Which is true regarding the function?f(-3) = 8f(3) = 5Of(8)
I will mark as the brainliest answer​
what crops did farmers raise on the plains between the mountains of greece
is the lines y=-x-7 and y-x=20 perpendicular?
What is the real meaning of the euphemism "friendly fire"?
Suppose the second hand on a clock is 3 inches long. Find the linear velocity of the tip of the second hand.
One circuit contains only an ac generator and a resistor, and the rms current in this circuit is IR. Another circuit contains only an ac generator and a capacit
Baseballs are manufactured in groups of 4. Sporting goods stores sell the baseballs in packages of 3. Therefore, 3/4 of a group from the factory are used to mak
The chart shows changes in sea level from 1995 to 2013. According to the chart, sea levels rose at an average annual rate of 3.24 millimeters from 1995 to 2013.