3 years ago

How much is $23,000 worth after 10 years at 6% annual interest?

Mathematics

1 answer:

Zepler [3.9K]3 years ago

3 0

Answer: $36800

Step-by-step explanation:

Principal= $23000

Rate=6%

Time= 10years

Simple interest= Principal×Rate×Time / 100

= 23000×6×10 / 100

= 1380000/100

= $13800

Amount= Principal+Interest

= 23000+13800

= $36800

You might be interested in

What is the mean of 17 20 17 33 22 23

Ad libitum [116K]

Answer:

Step-by-step explanation:

Mean basically just means average. To find the mean, add the numbers together and divide them by the number of numbers.

17 + 20 + 17 + 33 + 22 + 23 = 132

After that, divide by 6 since there are 6 numbers

132 ÷ 6 = 22

-------

Have a good day :)

4 0

2 years ago

An angle is formed by

Arlecino [84]

Answer:

2 lines meet at a shared point.

Step-by-step explanation:

Hope my answer has helped you!

5 0

2 years ago

Please help with all part because I will brainliest plus 50 points!!

KonstantinChe [14]

Answer:

sorry I can only answer b.

3 sec = 36 feet

6 sec = 72 feet

9 sec = 108 feet

6 0

3 years ago

Read 2 more answers

8x + 4 = 3 ( x - 1 ) + 7 : solve

Reil [10]

Answer:

$\boxed{x=0}$

Step-by-step explanation:

$8x+4=3(x-1)+7$

Expand brackets.

$8x+4=3x-3+7$

$8x+4=3x+4$

Subtract both sides by 4.

$8x=3x$

Subtract 3x on both sides.

$8x-3x=0$

$5x=0$

Divide both sides by 5.

$x=0$

3 0

3 years ago

Read 2 more answers

3x + 5y = 23<br> y = 4x<br><br> What are x and y that make both equations true?

Flauer [41]

So basically just add the equations to get rid of y. Then solve for x and plug into one of the equations for y. (1,4)

8 0

2 years ago