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

Two co-teachers, Daniel and Mathew, have to grade a set of math journals. Daniel grades 45% of the journals. Mathew has to grade 121 journals. How many journals

2cos^2x+sinx=2 domain restriction 0,2pi

what are some examples of angiosperms

What was the Roman forum?

4. Which of the following led to the growth of nationalism in the Middle East after the Great War? (Points : 3) foreign domination the spread of communism Russi

Which igneous rock has large crystals surrounded by smaller crystals

Is energy in fossil fuels is derived from the energy stored in plants and animal matter?

To warm up before a run, David begins by completing quad and hurdler's stretches. Which of these accurately evaluates his choice of warm-up activities? a ) Thes

Compare victoria Falls to Niagara Falls. Which has the greater potential to generate energy?

the area of a triangle definitely is base x height ➗2 what classic mistake has Anne's made