The amount of money you deposit into the account is $3000
<h3>How much money did you deposit into the account? </h3>
The given parameters are
Rate, r = 8%
Time, t = 5 years
Interest, I = $1200
The formula of simple interest is
I = PRT
So, we have
1200 = I * 8% * 5
This gives
1200 = I * 0.4
Divide both sides by 0.4
I = 3000
Hence, the amount of money you deposit into the account is $3000
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Answer:
13.42
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Answer:
Two lines that both lie in the same plane must either cross each other or be parallel, so skew lines can exist only in three or more dimensions. Two lines are skew if and only if they are not coplanar.
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Answer:
123.94
Step-by-step explanation:
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