subject
Mathematics, 13.11.2020 16:40 martl4175

On balances greater than $5,000, a savings account pays an annual interest rate of 1% on the first $5,000 and 2% on the amount of the balance exceeding $5,000. The amount of interest after 1 year when the balance is over $5,000 is given by the formula below, where I is the interest in dollars, and x is the present balance in dollars.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
In a probability experiment, karen flipped a coin 76 times. the coin landed on heads 32 times. what percentage of the coin flips resulted in tails? round to the nearest percent. a. 58% b. 65% c. 42% d. 60%
Answers: 2
question
Mathematics, 21.06.2019 19:00
Write the pair of fractions as a pair of fractions with a common denominator
Answers: 3
question
Mathematics, 21.06.2019 21:00
To finance her community college education, sarah takes out a loan for $2900. after a year sarah decides to pay off the interest, which is 4% of $2900. how much will she pay
Answers: 1
question
Mathematics, 21.06.2019 22:30
The difference of three and the reciprocal of a number is equal to the quotient of 20 and the number. find the number.
Answers: 2
You know the right answer?
On balances greater than $5,000, a savings account pays an annual interest rate of 1% on the first $...
Questions
question
Mathematics, 03.07.2019 00:00
question
Biology, 03.07.2019 00:00
Questions on the website: 13722363