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Tasya [4]
3 years ago
8

If you invest $5,000 in a simple interest account at 1.8 percent for 5 years, what is the amount in the account at the end of 5

years?
Business
2 answers:
dolphi86 [110]3 years ago
7 0

Answer:

$5,450

Explanation:

Simple interest is constant throughout the 5 years

Formula for simple interest  is principal amount multiplied by interest rate

Calculation amount { A }after five years

A=  P(1 + r t)

Here,

P= $5000,00

R= 1.8 percent

T=5 years

A= 5000(1+ 1.8/100 x 5)

A= 5000(1 + 0.018 x 5)

A= 5000x 1 +0.09

A= 5000 x 1.09

A=$5,450

Nostrana [21]3 years ago
6 0

Answer:

5450

Explanation:

just took the test

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Answer:

Franchising

Explanation:

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The franchisor gives access to use of their brand and also provides support and training to the franchisee.

Franchisee in turn gives an agreed amount of profit to the franchisor for using their brand.

An established name and specific rules of operation is agreed upon in the contract.

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3 years ago
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a pre
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Answer:

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7 0
3 years ago
What is the difference between earned income, passive income, and investment income?
Rudiy27

Explanation:

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4 0
3 years ago
John manufactures household furniture. His start-up costs, including tools, plans, and advertising, total \$5000$5000dollar sign
scZoUnD [109]

Answer:

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Explanation:

The computation of the production cost in dollars is shown

Here we use the equation form

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Hence, this is the answer and the same is to be provided

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3 years ago
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