michellefrancisco604 michellefrancisco604
  • 15-10-2021
  • Mathematics
contestada

Find the balance of a savings account after 5 years using simple interest if the initial deposit was $100,000 and it earns 1.5% interest.

Respuesta :

patriciaemguidice
patriciaemguidice patriciaemguidice
  • 15-10-2021

Answer:

7500

Step-by-step explanation:

5 × 100,00= 500,000

500,000 × 1.5% = 7500

Answer Link

Otras preguntas

What is the answer for this one?
What are the respective concentrations (M) of Mg2+and Cl-afforded by dissolving 0.325 mol MgCl2 in water and diluting to 250 mL?A) 0.0013 and 0.0013B) 0.0013 an
Without graphing, classify each system independent, dependent, or inconsistent. 3y + 2x= 12 36 - 9y = -6x
The pair of points lies on the same line with the given slope. Find x. (5,-20), (X, - 29); slope = -3 Find x. X= (Type an integer or a simplified fraction.) Ple
Julio, Mandy, Angie, and Tyrone each set a goal to run 5 miles a week. This table shows how much of each runner's goal has been met. Which list shows the number
Waller Comp, purchased equipment for S24,000. The company is constdenne whether to determine annual depreciation using the straight-lane method or the declitung
Read the nutrition label on a container of milk. In addition to carbohydrates, which include lactose, list the other nutrients present.
I need help**************
15 16 17 many You get the following answers when you solve some equations. What does each one mean? Type your answers as one, none, or many (no capital letters)
Label all of the following on the map below or write each name next to a letter in the list. Each correct answer is worth 1 point: (a) The four early river vall