Seudónimo Seudónimo

26-02-2021
Mathematics

contestada

How much money is earned if Phoenix invested $50 in an account at 17.5% simple interest for 6 years?

Respuesta :

rorycampbell0721 rorycampbell0721

26-02-2021

Answer:

$52.50

Step-by-step explanation:

Each year, they would make 17.5% of 50 or 0.175 * 50 = $8.75.

Since this happens for 6 years, that would be 8.75 * 6 = $52.50

Answer Link

Otras preguntas

In American history, the Connecticut Compromise is also known as __________. A. the Magna Carta B. the Great Compromise C. the Declaration of Independence D. th

Which unit of measurement is used in the metric system? Inches Miles Gallons Meters

Solve the following proportion using the multiplication property of equality? solve for h. 4/15= h/50

If dye x has a molar absorptivity, ε = 4.50 x 104 cm-1 m-1, at a certain wavelength, what concentration of the dye, in a 1.00 cm cuvette cell will produce an ab

How would I turn this into an expression Withdrawing $10 every week from a perfect balance of $400

What is 1 3/4 - 5/6r =8/3

To find the density of an object you would use a graduated cylinder to find what characteristic of the object?

What is the mean of the data set [3, 2, 2, 12, 6, 5, 14, 4]? A. 2 B. 4 C. 6 D. 7

Which of the following is NOT an example of how human lives are shaped by the environment? A. They wear heavy clothing in the winter. B. They wear light cloth

if any can answer correctly i will give brainiest