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Tasya [4]
4 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]4 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]4 years ago
6 0

Answer:

5450

Explanation:

just took the test

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Answer:

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Explanation:

Use unique passwords for every account. You probably know that having a strong password is important.

Leverage two-factor authentication.

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Install ad blockers.

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6 0
3 years ago
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month therea
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Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

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The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

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The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

<em>Hope this helps!!</em>

<em>- Kay :)</em>

4 0
3 years ago
Con artists who try to talk employees into giving up corporate secrets or passwords are known as
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