All categories

3 years ago

Find the balance at the end of 4 years if $10,000 is deposited at a rate of 1.5% simple interest.

Mathematics

1 answer:

Minchanka [31]3 years ago

3 0

Answer:

Principal amount (P) = $10,000

Rate (R) = 1.5%

Time (T) = 4 years

Simple interest, I = P X R X T / 100

= 10000 X 1.5 X 4 /100

= 60000 / 100

= $600

Therefore, Balance = P + I

= 10000 + 600

= $10600

You might be interested in

Given f(x)=-3x+3solve for x when f(x)=6

natali 33 [55]

Answer:

x = -1

Step-by-step explanation:

Given: $f(x) = - 3x + 3$

Solve for x, When: $f(x) = 6$

Step by step:

$- 3x + 3 = 6$

$- 3x = 6 - 3$

$- 3x = 3$

$x = 3 \div - 3$

$\boxed{\green{x = - 1}}$

3 0

2 years ago

seraphim [82]

A parallel line has the same gradient

First you will need to rearrange the equation 10x+2y=-2

Then once you do that please comment

If you don’t know how please comment

7 0

2 years ago

Read 2 more answers

The price is three for $1.48 how much will one pepper cost?

mr Goodwill [35]

Answer:

$0.4933

Step-by-step explanation:

i guess

Just divided by 3 ;)

8 0

2 years ago

Please help me with 10-12 +BONUS

dedylja [7]

Hi!

10.

This question is basically asking you, 10 is 40% of what number?

10 × 100 / 40 = 25

Fred must do 25 math problems.

12.

Bed & Bath = 40%

Clothing = 0.625 = 62.5%

Appliances = 20%

Electronics = 0.25 = 25%

Least to Greatest: Appliances (20%), Electronics (25%), Bed & Bath (40%), Clothing (62.5%).

4 0

3 years ago

A tragedy with which drug was responsible for the passage of the Federal Food, Drug, and Cosmetic Act of 1938 that required the

matrenka [14]

<span>A. It was the diethylene glycol the drug was put into so it could be given in liquid form that killed people, not the drug</span>

7 0

2 years ago

Read 2 more answers