Ask question

Ask question

All categories

4 years ago

12

Big Money Bank has an offer for new customers: if you deposit $5,000 in a savings account, you will earn 6.5% simple interest ov

er the first 10 years.
How much interest will the account earn over this period?

1 answer:

ipn [44]4 years ago

7 0

Answer:

3250

Step-by-step explanation:

Multiply 5,000 times 6.5 percent

5000 X 6.5% = 3250

You might be interested in

Oksana_A [137]

Answer:

Its D

Step-by-step explanation:

There are 17 nonmetal elements, and all are located on the right side of the periodic table with the exception of hydrogen, which is on the top left side. Nonmetal elements have relatively low boiling points, are poor conductors of heat and electricity, and don't like to lose electrons.

Have a Great Day!!

4 0

3 years ago

Okay, so renav86766 keeps getting warned for no reason.

frez [133]

Answer:

1/2 is the simplified from of 50/100 so it is equivalent

Step-by-step explanation:

6 0

3 years ago

POINTS AND BRAINLYEST if you answer the question

sammy [17]

Answer:

The answer is B.

Step-by-step explanation:

The pattern seems to be counting by two.

5 0

3 years ago

Read 2 more answers

Shane, Cheryl, and Isaac went to the store to buy school supplies. Shane bought 4 pens, 3 folders, and 2 notebooks for a total o

vladimir1956 [14]

Answer: 3.00

Step-by-step explanation:

8 0

3 years ago

Suppose you invest $1400 at interest rate of 4.3% compounded continuously. How much will you have in the account after 7 years?

STatiana [176]

$\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$1400\\ r=rate\to 4.3\%\to \frac{4.3}{100}\dotfill &0.043\\ t=years\dotfill &7 \end{cases} \\\\\\ A=1400e^{0.043\cdot 7}\implies A=1400e^{0.301}\implies A\approx 1891.69\implies \stackrel{\textit{rounded up}}{A=1892}$

3 0

3 years ago