k74kyhys8n
k74kyhys8n k74kyhys8n
  • 22-02-2022
  • Mathematics
contestada

Edward deposited $5,000 into a savings account 3 years ago. The simple interest rate is 4%. How
much money did Edward earn in interest?

Respuesta :

student801
student801 student801
  • 22-02-2022

Answer:

si = prt/100

so si = 5000x3x4/100

si = 50x3x4

which is 600

so he earned 600$ in interest

Answer Link

Otras preguntas

find the remainder of h^4+h^2-2=h+3
Solve for x: −4|x + 5| = −16
Which pair of events is dependent? You get a head and a tail in two coin tosses with two different coins. You get a head and a tail in two coin tosses using the
What is the most likely reason Persia gave economic control to Russia and Britain?
Please Help Me Fast!! Which of the following numbers is a perfect square? 484 485 489 490
a triangle cannot have more than one obtuse angle true or false
The use of submarines during World War I had which of these effects? It gave an advantage to the coastal nations. It made naval battles the key battles of the w
4% of what number is 5
Richard Connell’s “The Most Dangerous Game” is a thematically rich story. What is one of the complex psychological themes that this story deals with? a. the di
John works for four hours at $15/hour. he then buys two CD's at $13.25 each. how much money does John have left