sophianieves60501 sophianieves60501

04-06-2021
Mathematics

contestada

Michael deposits $4000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 4 years? PLEASE ANSWER QUICK

Respuesta :

04-06-2021

Answer:

$960

Step-by-step explanation:

simple interest = [tex]\frac{P R T}{100}[/tex]

= [tex]\frac{4000*6*4}{100}[/tex]

= $960

Answer Link

04-06-2021

I = PRT

I = 4000×0.06×4= 960

Interest = 960 dollars

Answer Link

Otras preguntas

What is the sign of the product (−5)(−3)(−8)(−6)? Positive, because the products (−5)(−3) and (−8)(−6) are negative, and the product of two negative numbers is

How many meters are equal to 4,581 centimeters? Use how the placement of the decimal point changes when dividing by a power of 10 to help you. 458.1 meters 45.8

Substances that are known to cause cancer are referred to as

which of the following is true regarding the solutions to the logarithmic equation below 2log ^6(x)=2 log ^6 (x^2 )=2 x^2=36 x=6,-6

HELP PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEE I NEED HELP

David biked 24 miles in 4 hours if he biked at a constant speed how many miles did he bike per hour

which portion of photosynthesis produces 02?

According to the letters, Frankenstein's monster: attacks Robert's ship. is never seen or mentioned. is spotted briefly travelling across the ice in a sled. kil

Band Name Suggestions

What is the name of the small lake that is the source of the Mississippi River