Mathematics, 28.07.2019 04:34 ellemarshall13
What is the balance for £5000 invested for 5 years at 7% per annum?
Answers: 1
![\bf ~~~~~~ \textit{Simple Interest Earned Amount}\\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& 5000\\ r=rate\to 7\%\to \frac{7}{100}\to &0.07\\ t=years\to &5 \end{cases} \\\\\\ A=5000[1+(0.07)(5)]\implies A=5000(1.35)](/tpl/images/0141/5334/75498.png)
Another question on Mathematics
Mathematics, 21.06.2019 18:30
You receive 15% of the profit from a car wash how much money do you receive from a profit of 300
Answers: 2
Mathematics, 21.06.2019 20:00
Solve for x and y a x= 13.3 y= 16.7 b x= 23.3 y= 12.5 c x= 7.5 y= 16.7 d x=7.5 y= 12.5
Answers: 1
Mathematics, 21.06.2019 20:30
Jose is going to use a random number generator 500500 times. each time he uses it, he will get a 1, 2, 3,1,2,3, or 44.
Answers: 1
You know the right answer?
What is the balance for £5000 invested for 5 years at 7% per annum?...
Questions
Spanish, 20.12.2020 16:20
Mathematics, 20.12.2020 16:20
Health, 20.12.2020 16:20
Physics, 20.12.2020 16:20
English, 20.12.2020 16:20
Mathematics, 20.12.2020 16:20
Arts, 20.12.2020 16:20
Mathematics, 20.12.2020 16:20
Social Studies, 20.12.2020 16:20
