Mathematics, 28.07.2019 09:00 ryevins3
An accountant pays 8% per year simple intrest, in year 1 the amount in the account is $850 how much is the account in year 6?
Answers: 2
![\bf ~~~~~~ \textit{Simple Interest Earned Amount}\\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$850\\ r=rate\to 8\%\to \frac{8}{100}\to &0.08\\ t=years\to &5 \end{cases} \\\\\\ A=850[1+0.08(5)]\implies A=850(1.4)](/tpl/images/0142/2725/e77e1.png)
Another question on Mathematics
Mathematics, 21.06.2019 18:30
Florence price's brownies and more sells all types of cookies and pastries. on tuesdays, they markdown all brownies 75% to a sale of $1.50 a dozen. find the selling price and the markdown of a dozen brownies.
Answers: 1
Mathematics, 21.06.2019 22:20
Which of the following describes how to translate the graph y = |x| to obtain the graph of y = |x+1|+1? shift 1 unit left and 1 unit down shift 1 unit left and 1 unit up shift 1 unit night and 1 unit down shift 1 unit nght and 1 unit up
Answers: 1
Mathematics, 21.06.2019 22:30
Determine domain and range, largest open interval, and intervals which function is continuous.
Answers: 2
You know the right answer?
An accountant pays 8% per year simple intrest, in year 1 the amount in the account is $850 how much...
Questions
Geography, 18.12.2021 18:40
Biology, 18.12.2021 18:40
Mathematics, 18.12.2021 18:40
Mathematics, 18.12.2021 18:40
Physics, 18.12.2021 18:40
Business, 18.12.2021 18:40
Health, 18.12.2021 18:50
Computers and Technology, 18.12.2021 18:50
History, 18.12.2021 18:50
Mathematics, 18.12.2021 18:50
