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
Answer:
The square root of -9 cannot be -3 because -3 squared or -3 times -3 equals 9 not -9.
Hope this helps!
Answer:
Step-by-step explanation:
660 inches
Answer:
Step-by-step explanation:
<u>What number</u> <u>divided by</u> <u>-7</u> <u>is equal to</u> <u>-15</u>
∨ ∨ ∨ ∨ ∨
x ÷ -7 = -15
Multiply -7 to both sides:
