1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jok3333 [9.3K]
3 years ago
13

Hans deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the

first 4 years?
Mathematics
1 answer:
SpyIntel [72]3 years ago
3 0

Answer:

Hans deposits $6000 into an account.

=> Principal P = 6000

Simple interest rate 5% per year.

=> Rate R = 5% = 5/100 = 0.05

The formula to calculate the amount of interest after 4 years:

A = P x R x years = 6000 x (5/100) x 4 = 1200$

Hope this helps!

:)

You might be interested in
On his twelfth birthday Ben was 4 3/4 tall. On his 13th birthday, Ben was 5 3/8 feet tall. How much did Ben grow grow between 12
stealth61 [152]
The answer is Ben grew 5/8 longer between his 12 and 13 birthdays
8 0
2 years ago
Read 2 more answers
An Elevator descends into a mine shaft at the rate of 5m/min. If the descend starts from 15m above the ground, how long will it
zhenek [66]
First of all, assuming that the "ground level" is 0; 

The lift is not starting from 0, so we also need to account for the extra 15 meters above the ground the lift is. 

The total distance the lift would cover in the downward direction: 15+350=365m

Now, you know that the lift covers 5 m/min

Therefore, 5x=365 (ignoring units because they can complicate things) 

x=365/5 
x=73 minutes 

Therefore, they would take 73 minutes to reach 350 m deep into the ground with a starting position 15 m above the ground. 

Hope I helped :) 
5 0
3 years ago
The table shows a proportional relationship between the number of meals
Kisachek [45]
B is the answer there is a common denominator y’a welcome
4 0
3 years ago
Organic milk costs $2.52 per half gallon. at this rate, how can the price of 4 gallons of organic milk be determined?
yuradex [85]
The problem above uses the concept of ratio and proportion. The ratio between the cost and amount of the organic milk should always be equal. The proportion between two cases is shown below, 
                        ($2.52 / 0.5 gallon) = (x / 4 gallons)   
Solving for x gives x = 20.16. Therefore,  4 gallons of organic milk costs $20.16. 
7 0
2 years ago
Read 2 more answers
What are the coordinates of the image of the point (4, 2) after a dilation with a center of (0, 0) and a scale factor of 2? A. (
frez [133]

Answer:

Option D (8,4)

Step-by-step explanation:

we know that

The dilation centered at the origin  (0,0) is very simple. To find out the image point multiply the scale factor to the x  and  y-coordinates of the pre-image point.

so

(2*4,2*2) -----> (8,4)

8 0
3 years ago
Other questions:
  • Hallmark cards develops a new line of cards that have a total cost of $200,000 and a price of $3 each. if it sells 20,000 cards
    13·1 answer
  • consider the following system of equations 2x+3y=45 x+y=10 what is the x value of the solution for this system
    7·2 answers
  • Which of the following is less than 527 m?
    15·1 answer
  • Marcky has three tables of different
    7·1 answer
  • Read the following statements then decide if, when combined, they present a convincing argument. You may need to refer back to y
    6·1 answer
  • Brainleist please help.
    7·1 answer
  • Kalon has $175 and needs to save atleast $700 for a computer.if he can save $35 per week, what is the minimum number for of week
    10·1 answer
  • What is the area of the room represented in the scale drawing?
    5·1 answer
  • An expression is given.
    12·1 answer
  • Please help me, I have more
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!