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
Katarina [22]
3 years ago
6

Edwin Pritchard deposited 7,500 in a 3 - year, time - deposit account that pays simple interests at a 5.9% annual rate. What tot

al amount of interest will Edwins deposit earn in three years?
Business
1 answer:
NISA [10]3 years ago
7 0

Answer: Edwin's deposit will earn an interest of $1327.50

We determine the simple interest on an amount deposited with the following formula:

SI = P*N*R

where

SI = Simple Interest

P = Principal or the amount deposited

N = Number of years for which the deposit is made

R = annual rate of interest on the principal

Substituting the values from the question in the formula above we get,

SI = 7500 * 3 * 0.059

SI = 1327.50

You might be interested in
An American office manager working in South Korea asks his subordinates to treat him as an equal. In South Korean culture there
Dennis_Churaev [7]

The office manager is experiencing a difference in hierarchical behavior

Explanation:

In South Korean culture there is a tradition of hierarchy. According to this tradition the bosses are treated as superior and the people working under him are treated as subordinates. According to the South Korean the subordinates should be given the order what they have to do. On the other hand the other countries have different rules, that is they do their work to live. In American culture they  can behave in any way they want to be.

4 0
3 years ago
How can you change your name
marshall27 [118]
If you are talking about Brainly i don't think you can :) 
8 0
3 years ago
Read 2 more answers
Consumers have certain rights that do not carry corresponding responsibilities. true or false.
Over [174]
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:

</span><span> <span><span> <span> Right to Safety</span> </span> <span> <span> Responsibility of Right to Safety</span> </span> <span> <span> Right to Be Informed</span> </span> <span> <span> Responsibility of Right to Be Informed</span> </span> <span> <span> Right to Choose</span> </span> <span> <span> Responsibility of Right to Choose</span> </span> <span> <span> Right to Be Heard</span> </span> <span> <span> Responsibility of Right to Be Heard</span> </span> <span> <span> Right to Redress</span> </span> <span> <span> Responsibility of Right to Redress</span> </span> <span> <span> Right to Consumer Education</span> </span> <span> <span> Responsibility of Right to Consumer Education</span> </span> <span> <span> Right to Healthy Environment</span> </span> <span> <span> Responsibility of Right to Healthy Environment</span> </span></span></span>
3 0
3 years ago
Your total cash income is $80,000. You pay $8,000 in taxes and $60,000 in other expenses. Your savings ratio is
inessss [21]
$12,000 if i am correct
4 0
3 years ago
If during 2009, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,
Maslowich

Answer:

36 billion

Explanation:

The GDP can be calculated using the income approach in which the output of a country is equal to the total income people receive in that country.

GDP= Compensation of employees + Net interest + Rental income + Corporate profits

From this formula, you can isolate the compensation of employees:

Compensation of employees= GDP-Net interest - Rental income - Corporate profits

Compensation of employees= $65-$15-$7-$7

Compensation of employees= $65-$29

Compensation of employees= $36

The wages during 2009 in Sildavida were: $36 billion.

8 0
4 years ago
Other questions:
  • Feldpausch Corporation has provided the following data from its activity-based costing system: Activity Cost PoolTotal CostTotal
    8·1 answer
  • Parr Paper's stock has a beta of 1.442, and its required return is 13.00%. Clover Dairy's stock has a beta of 0.80. If the risk-
    8·1 answer
  • Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard
    6·1 answer
  • The operators of adult bookstores got together and each agreed to contribute $1,000 to a fund for use in lobbying the city counc
    6·1 answer
  • On January 2, 2016, Alpha Company purchased a patent for $38,500 plus $2,000 in legal fees. On that date, the patent had a remai
    7·1 answer
  • Which of the following groups does not sponsor apprenticeship programs?
    10·1 answer
  • 13. A relationship cane damaged by trust — honest expectations people spending time with one another
    14·1 answer
  • If you are projecting your future financially, what are your
    7·1 answer
  • In the previous year, a company had revenues of $500,000, project overhead of $40,000 and company overhead of $75,000. The compa
    5·2 answers
  • Question 10 (5 points)
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!