Elizabeth’s aunt started a college savings account for her with $6,000. What is the balance of the account after 5 years if the
simple interest rate is 2.5%
1 answer:
Answer:
6750
Step-by-step explanation:
simple interest = P×r%×t
P = $6000
r = 2.5%
t = 5 years
I = 6000 × 2.5/100 × 5
= 750
6000 + 750 = $6750
You might be interested in
Answer:
so first you add something and then subtract and then divide then you er butf then youcan see toplod ej
Answer: $376
Step-by-step explanation:
Divide 13,536 by 36
13,536/36 = 376
Click on the photo to view full solution
8/25 of medfield....." of " means multiply
8/25(7000) = 56,000/25 = 2240 <== capital city's population
