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

In the diagram, AB = AC and ∠DCE = 75°, BCD and ACE are straight lines. ∠BAC =

Naomi just accepted a job at a new company where she will make an annual salary of $66000. Naomi was told that for each year she stays with the company, she wil

Does moisture affect the length of time it takes for mold to grow on bread?

What is the simplest form of the quotation simplify by rationalizing the denominator

Write and solve an equation to determine the height of a parallelogram is it's base is 35.8 centimeters and it's area is 784.02 square centimeters

What is the simplest form of the quotation simplify by rationalizing the denominator

Describe the medical treatment for hypoglycemia.

need answers with work

Which ordered pair is a solution of the equation? y = -2x - 5 A (1,7) B (2,-7) C Both

Explain step by step 1) How much force was used in order to push an object 4 meters if the work done is 22Nm 2) A person uses a force of 7N is used to pull a