erbear5040 erbear5040

23-04-2020
Mathematics

contestada

If you deposit $5,000 into an account that pays 4% simple interest, what will the balance be in 6 years?

Respuesta :

Wollfgirl Wollfgirl

23-04-2020

Answer:

$6,200 i hope this helps! :)

Step-by-step explanation:

the 4% interest of the $5000 4% of 5000 = 200

multiply by 6 for the 6 years 200 * 6 = 1200

add the 1200 to the 5000 5000 + 1200 = 6,200

Answer Link

Otras preguntas

what multiplies to 105 and adds to 16

which mountain chains cut off turkey and Iran from the rest of the region

who is Jose San Martin?

A large mass of ice called a glacier once covered parts of Pangaea nearest to the South Pole. On what continents would you expect to see evidence of a glacier?

Please please help me !!??? "The artist painted a beautiful picture" is in the active voice. True False "Victoria beams like a ray of sunshine" is a metaphor in

another word for not surprisingly

What are the cracks between the plates of the lithosphere called

Alice purchased paint in a bucket with a radius of 9 in. and a height of 9.5 in. The paint cost $0.09 per in3. What was the total cost of the paint, rounded to

TRIGONOMETRIC RATIOS: A ship is 130m away from the center of a barrier that measures 180m from end to end. What is the minimum angle that the boat must be turne

31 - 4 + 6 O -17 + 22 - 5 Write <, >, or =