nataliahaybear nataliahaybear

23-01-2022
Mathematics

contestada

A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months?

Respuesta :

yamunasasidharan0808 yamunasasidharan0808

23-01-2022

Answer:

$872

Step-by-step explanation:

Simple interest = Principle * Rate * Time / 100

= ( 800 * 6 * 18/12 ) / 100

= $ 72

The balance after 18 months = principle + interest

= 800 + 72

= $ 872

Answer Link

Otras preguntas

when negative five is subtracted from a number the result is 10 find the number 15 5 -5 -15

Farah is doing an experiment that involves calculating the speed of a longitudinal wave. What will most likely happen if she increases the temperature in the ro

When does upward growth of cities typically occur? a. when water resources are limited b. when waste production is a problem c. when available land is limi

Which countries borders to both europe and asia

What is picturesque?

Choose all the answers that apply. Which of the following increases erosion? clearing forests leaving fields unplanted careless farming contour plowing crop ro

What describes a referendum

Which organization created a shared economy?

From Maine to London, how many hours is that? What is the average distance from those two locations?

how does Juliet respond to the nurses excuse for not telling her the news