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

im finished with mowing, so you do it for a change. what is mowing?

Roger Williams was the founder of which of the original thirteen colonies?

list three reasons a cell may undergo mitosis

Is 2/10 a simplest form

For 9x + 25 = 88, Deena wrote the situation "I bought some shirts at the store for $9 each and received a $25 discount. My total bill was $88. How many shirts d

Which sentence presents a faulty either/or argument? If we don’t double teachers’ salaries, then the public education system in this country will fail. If we va

Predict the chemical formula of butyne, having one carbon-carbon triple bond

Identify the percent of change as an increase or a decrease. 6 yards to 36 yards

how is the bladder and a balloon alike

Which governing responsibility does the Judicial Branch have over the Executive Branch?