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MissTica
2 years ago
7

Find the simple interest earned on a deposit of $2,800 that earns 2% annual interest after 5 years.

Mathematics
1 answer:
Anvisha [2.4K]2 years ago
6 0
It’s 280 I believe...
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Step-by-step explanation:

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Solve the equation.<br><br> 5d = 17.1<br><br><br> 12.1<br><br> 22.1<br><br> 85.5<br><br> 3.42
Rudiy27

Hello there!


5d = 17.1

The equation is asking you to find the value for "d". How to do that? Well, all you have to do is divide both side by 5.

5d/5 = 17.1

d = 3.42  

That's your answer!


You can even double check your work, if you want to. How? Well, you just need to replace 3.42 where it belongs.

5(3.42) = 17.1

17.1 = 17.1

True!


Let me know if you have additional questions. As always, it is my pleasure to help students like you!

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What are the next three terms of the geometric sequence 32, -16, 8, …?
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