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Talja [164]
3 years ago
13

An account earns simple interest $600 at 5% for 2 years find the interest earned

Mathematics
1 answer:
iVinArrow [24]3 years ago
7 0

Answer:

so your answer would be 60$

Step-by-step explanation:

I = P * r * t

Here, P = $600

r = 0.05 (decimal value for 5%)

t = 2 years

Part a)

The interest earned will be:

I = P * r * t

I = 600 * 0.05 * 2

I = $60  

Part b)  

The balance in the account will be $600 plus the interest earned or:

$600 + 60 = $660

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Answer:

The probability is 0.04746

Step-by-step explanation:

Firstly, we calculate the z-score here

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z-score = x-mean/SD/√n

Where from the question;

x = 85, mean = 90 , SD = 15 and n = 25

Plugging these values into the equation, we have;

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