Answer: 12.6
Step-by-step explanation: because it’s the right answer
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.
Answer:
(11, 0)
Step-by-step explanation:
to find the y intercept, set y to 0.
60x + 55y = 660
60x + 55 * 0 = 660
60x = 660
60x/60 = 660/60
x = 11
y intercept is (11, 0)
Answer:
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Answer:
Thank you
Step-by-step explanation:
