To calculate simple interest, you first need to multiply the original amount by the percentage of the money which is going to be added.
In this situation, 500 x 0.05 is the interest which will be added each year.
Therefore, $25 will be added each year. Since it is over 4 years, it is (25*4).
So the account will have earned $100 of simple interest.
Although the account will contain $600, it will have EARNED $100 of interest since it started with $500 already.
Answer - A $100 of simple interest will be earned.
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Day 1 ... 17 ft. 18. 8 ft. 15 m. 1440 - 158: X. X = 12 | nga +a2. 15:a A. V-B: H. 30 = 158X. C-X ... Find the radius. ... A right circular cylinder has a volume of 2.000 cubic inches and a height of the.
Step-by-step explanation:
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I'm sorry, I don't know if I know this but you should try Desmos if you haven't already. It's great for helping with slopes and stuff like this
Are you saying that $1050 was the initial amount of money in the savings account? If so then you'd find 84% of 1050, which is 1050*.84. (.84 is the decimal version of 84%)