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
garik1379 [7]
3 years ago
9

Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the f

irst 5 years?
Mathematics
1 answer:
Alex73 [517]3 years ago
6 0

Answer:

$600 interest will be paid in the first 5 years

Step-by-step explanation:

Simple interest is calculated only on the principal or initial amount deposited. Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. The formula for simple interest is expressed as

I = PRT/100

Where

I represents interest after the given time.

R represents the interest loan on the principal.

T represent number of time in years.

P represents principal or initial amount deposited.

From the information given,

R = 2

P = 6000

T = 5

I = (6000 × 2 × 5)/100 = $600

You might be interested in
The measure of angle A is 30 and the measure of angle B is 124 . What is the measure of angle C in degrees?
professor190 [17]

Answer: 26


124 + 30 = 154

180 - 154 = 26


7 0
3 years ago
The picture below shows Annie and her younger brother Tommy’s money.
lawyer [7]

Step-by-step explanation:

Annie: 4 dollars = $4 11 dimes = 11 x 0.10 = $1.1 ( since 1 dime = 0.10 dollars)

4 pennies =4 x 0.01= $0.04 ( since 1 penny = 0.01 dollars)

Tommy 3 dimes = 3 x 0.10 = $0.3 3 pennies = 3x 0.01 = $0.03

Adding the values: 4 +1.1+0.04+0.3+0.03 = $5.47

8 0
2 years ago
???????I don't get it
Marta_Voda [28]
To fill the squares look for the one filled in column/row/diagonal and figure out its sum.
All other columns/rows/diagonals must be equal to that, so whenever there is a column/row/diagonal with a single missing value you can add the others up and calculate the missing value.
So you have to find those single missing value columns/rows/diagonals, fill them out and continue with the next one until the whole square is filled in.


8 0
3 years ago
HELPPOP PLEASEEEEEE!!!!!!!!!
Marizza181 [45]
Those are called sides
6 0
3 years ago
Lilian says that 25% of a number will always be less than 75% of any other number. Complete one inequality to support Lillian's
rjkz [21]
She is incorrect cause if we take the number 20 and take 25% of it it equals 5 so now 20 is only 15. They if we take 75% away from 20 is equals 15 so then we only have 5 from 20 left. Therefore she’s incorrect because 75% leaves 5/20 and 25% leaves 15/20. Hope that makes sense.
6 0
3 years ago
Other questions:
  • What is the x value of 10=-x-8-6
    11·1 answer
  • If 40 is decreased by 60%, what is the new amount?
    15·2 answers
  • (1 point) A student was asked to find the equation of the tangent plane to the surface z=x2−y3 at the point (x,y)=(5,1). The stu
    13·1 answer
  • Least fraction from least to greatest 8/9, 17/29,14/29,9/29
    14·2 answers
  • 9. The front part of a tent is 8 feet long and 5 feet tall. What is the area of the front part of the tent?
    6·1 answer
  • At the end of the year, a library reported 32 books lost or stolen, and 24 books were sent out for repair. If the library origin
    6·2 answers
  • What is the value of the variable? 3(x- 2)=15
    14·1 answer
  • In our amusement park that we built this week, the ride Diablo’s Domain had revenue of $250,000,000 in its first year as expecte
    12·1 answer
  • HELP!! giving braniliest!!
    13·1 answer
  • Which of the following could be the equation of the function below?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!