jessicaelaine119
jessicaelaine119 jessicaelaine119
  • 02-07-2020
  • Mathematics
contestada

An account pays 7%per year simple interest. In 1 year, the amount in the account is 950. How much is in the account in year 6

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 04-07-2020

Answer:

First year's interest is already given.

There are 5 more payments of interest

= 5 * 0.07 * 950 = 332.5

so amount in the account after 6 years = 950 + 332.5 = 1282.5

Answer Link
283821ljllllllll
283821ljllllllll 283821ljllllllll
  • 13-12-2020

Answer:

The answer is 1282.50

Step-by-step explanation:

Answer Link

Otras preguntas

A speed walker using a pedometer measures her walking speed in feet per minute. If he wants to walk 8 miles in 1 hour, at what feet/minute will she have to walk
Given a line that passes through the points (-2,9) and m=-4 write the equation of this line in each form
what do you think are the rights as students
find warsak, tarbela and mangla in your atlas and why have these locations been selected to build rhe dams? for class 6
find the value of the expression. Round decimal answers to the nearest tenth when necessary. 9+7×3^2÷3+9
After reading “Bridge to Terebithia” what did you enjoy most
Convert the following expressions with rational exponents to the radical form (2x)^-1/2
If a/b = 5 what is the value of each expression? 2a/3b
What is 2x2+2 equal to
A group of women seen at a diabetes clinic weighed 140, 125, 210, 245, 202, 199, 173, and 197 pounds. What is the range?