BlueToadGaming BlueToadGaming

12-04-2022
Mathematics

contestada

You have $5,000 to invest for ten years. The Bank pays simple interest at an annual rate of 5%. Calculate your balance after 10 years.

Respuesta :

akjlaurelsprings akjlaurelsprings

12-04-2022

Answer: $7,500

Step-by-step explanation:

Use the formula: SI = P(1 + rt)

SI = 5000(1 + 0.05[10])

SI = 5000 + 2500

SI = $7,500

After 10 years, your balance should be $7,500

Answer Link

Otras preguntas

Suppose the mass of a fully loaded module in which astronauts take off from the Moon is 12,500kg. The thrust of its engines is 28,000 N. (a) Calculate its the

Simplify 3 × 3x x y x 4z × x × y × 2

Ummm... I dont know how to do this: raise the quotient of s and r to the 3rd power

Help asap please!!!!!!!!!!!!!!!!!!!!!!!!!!!!

list the first five miltiples of each number.9

three harmful effects of poverty in a community

Compare/contrast starches, glycogen, and cellulose. What are their roles within organisms?

Enlist any four examples of chemical change ?

pls bro i still dont kno this

Which wonder was constructed in the city that was considered the center of Hellenistic culture, and the most important of that era? o the Lighthouse of Alexandr