1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
laiz [17]
3 years ago
14

If Aldo puts 400 into a savings account that paid an interest rate of 5.4 percent What was the total amount in his account at th

e end of one year (total amount equals principal plus interest)
Mathematics
1 answer:
Ne4ueva [31]3 years ago
5 0

Answer:

\$421.60

Step-by-step explanation:

we know that

The simple interest formula is equal to

A=P(1+rt)

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=1\ year\\ P=\$400\\ A=?\\r=5.4\%=5.4/100=0.054

substitute in the formula above

A=400(1+0.054*1)

A=400(1.054)

A=\$421.60

Remember that Interest is equal to

I=A-P

I=\$421.60-\$400=\$21.60

You might be interested in
Factor the following polynomial completely. Start by getting the GCF of the polynomial. 2x^3-18x
Vesna [10]

Answer:

GCF: 2x

Factored: 2x(x+3)(x-3)

Step-by-step explanation:

6 0
3 years ago
Simplify the expression:<br> 7r2+5r2+9r
jenyasd209 [6]

Answer:

9r+7r+9r

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
The number 6 is 30% of what number
alexandr402 [8]
6 and 3000 is the answer for ur question would be 3000
8 0
3 years ago
What is the LEAST amount of information you need about a pair of triangles to be SURE they are congruent?
tigry1 [53]
I hope you have heard about the congruency rules like SSS, SAS, ASA

Those are the least amount of information you need
3 0
3 years ago
Read 2 more answers
People use water to​ cook, clean, and drink every day. An estimate of 19.4​% of the water used each day is for cooking. If a fam
andreev551 [17]

Answer:

350 gallons

Step-by-step explanation:

100/19.4 = 5.15463917526

Multiply this by 67.9 gallons used for cooking = 350 gallons of water a day per family

5 0
2 years ago
Other questions:
  • Annie walks 15 feet away from her house and places a mirror on the ground. She backs 4 feet away from the mirror so that she can
    5·2 answers
  • What is slope of the line here ???
    14·1 answer
  • Lara's dining room is 22 feet wide and 23 feet long. Lara wants to install wooden trim around the top of the room. The trim cost
    15·1 answer
  • Nina already owns 2 necklaces, and additional necklaces are priced at 2 for a dollar. How much money does Nina need to spend on
    10·1 answer
  • Troy shares a family bag of 24 Jet Plane
    12·2 answers
  • Help me out with number 3
    12·1 answer
  • A rectangle has a perimeter of 14 cm and length x cm. show that the width of the rectangle is (7-x)cm and hence that the area A
    7·2 answers
  • Necesito saber el valor que falta en esta fraccion 12/30 = ?/45
    11·2 answers
  • Which type of graphs show individual data?
    11·1 answer
  • This Question is confusing the heck out of me can someone help me with it.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!