allyanimations91
allyanimations91 allyanimations91
  • 13-04-2021
  • Mathematics
contestada

How much simple interest is earned on a principal of $700 after 5 years if the account pays 3% annually?

Respuesta :

bswolfer0808
bswolfer0808 bswolfer0808
  • 13-04-2021

Answer:

21.15

Step-by-step explanation:

700 + 5 = 705

3% of 705 = 21.15

Answer Link

Otras preguntas

26 a a = 16, b = 30, c = 34 Verify if the sides form a right triangle.
Solve the inequalities 2(x-9)>-2
i need help with dis
I need help with this !?
Describe an experiment to determine the density of a liquid
PLEASE HELPPPP!! :( i'm confused on it
Identify the type of figure
What is the unit rate for meters per second if a car travels 480 meters in 24 seconds? ... The unit rate is ____ meter(s) per second.
Two cars are initially separated by 2500 m and traveling towards each other. One car travels at 4.5 m/s and the second car travels at 8 m/s. How long does it ta
Europeans have modified the land around them by A. building cities B. closing factories C. creating animal reserves D. increasing property taxes Please select t