hfreasier2007 hfreasier2007
  • 01-12-2019
  • Mathematics
contestada

Michael deposited $1000 in his bank
account at a simple interest rate of
8% for 4 years
Interest:
Total:​

Respuesta :

adelodunoba85
adelodunoba85 adelodunoba85
  • 03-12-2019

Answer:

Interest =$320

Total=$1320

Step-by-step explanation:

principal p =$1000

rate r =8%

time t=4yrs

interest, i =p*r*t/100

=1000*8*4/100

=10*8*4=$320

total amount =p+i

=1000+320=$1320

Answer Link

Otras preguntas

find the missing lengths. leave your answers as radicals in simplest form
Hannah has information about an object in circular orbit around Earth. MEarth = 6. 0 × 1024 kg G = 6. 67 × 10–11 StartFraction m Superscript 3 Baseline over kil
This shape is made of three identical semicircles. The perimeter of the shape is 36 centimetres. Another shape is made up using the same semicircles as above.
Find the perimeter of this triangle
velocity ratio of a machine is 4 what does it mean​
Does society affect our body image? How do hormonal and chemical changes impact teens? How does screen time usage impact adolescent development? Part A You’ll a
Multiply the following complex numbers: (9-21)(7 +61) A. 51 + 407 B. 51 - 401 C. 75 + 40/ D. 75 - 407
Can someone please help me? :(
Need help with this history please
Solve for r. -49 = -7r