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
barxatty [35]
3 years ago
14

Mr. Juarez opened a savings account with an initial deposit of $560 and will not make any additional deposits or withdrawals. Th

e account earns 1% simple interest. What is the total amount that Mr. Juarez will have in his account at the end of 3 years?
Mathematics
1 answer:
olga_2 [115]3 years ago
5 0

Answer:

$576.80

Step-by-step explanation:

We have been given that Mr. Juárez opened a savings account with an initial deposit of $560 and will not make any additional deposits or withdrawals. The account earns 1% simple interest.

We are asked to find the total amount that Mr. Juárez will have in his account at the end of 3 years.

We will use simple interest formula to solve our given problem.

A=P (1+rt)

A = Final amount after t years,

P = Principal amount,

r = Annual interest rate in decimal form,

t = Time in years.

Let us convert 1% into decimal form,

1%=1/100=0.01

P=$560 and t=3

A=$560 (1+0.01(3))

A=$560 (1+0.03)

A= $560 (1.03)

A= $576.80

Therefore, Mr. Juárez will have $576. 80 in his account at the end of 3 years. Hope this helps!

You might be interested in
(HELP I BEG YOU I NEED SLEEP ITS EASY MULTIPLE CHOICE)
ivann1987 [24]

Answer:the answer will be 6

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Emma borrowed $89.40 from her sister. She determines that she can pay her back the total over six months. Which number reflects
omeli [17]

Answer:

$14.9

Step-by-step explanation:

Step one:

given data

we are told that Emma borrowed $89.40 from her sister to pay her back in 6 months.

let us solve for the amount she is to pay her sister every month.

amount to be paid per month= 89.40/6

=$14.9

So that every month she pays back her sister $14.9

we don't know her balance but every month there will be a deduction.

Hence the monthly change in her balance is reflected by a deduction of $14.9

5 0
3 years ago
17. If a + b = c, which of the following statements is true?
Scilla [17]

Answer:

c: c-a = b

.................

5 0
3 years ago
Read 2 more answers
Which decimal number is equivalent to 7/10
Musya8 [376]

Answer:

0.7

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
Find two triangles with the given angle measure and side lengths. Round side lengths to the nearest tenth and angle measures to
mestny [16]

Answer:

its A

Step-by-step explanation:

b^2 = 6^2 + 11^2 - 2*6*11cos 109  =   199.97

b =  14.1  to nearest tenth.

now use sine rule to find the value of < A

14.14 / sin 109 = 6 /  sin A

<A =  24 degrees

<C = 180 - 24 - 109  = 47 degrees

<3

3 0
3 years ago
Read 2 more answers
Other questions:
  • 600mm by 500mm oven tray how many 25cm trays can you fit on
    8·1 answer
  • Round each number to the nearest tenth. What is the best estimate for the answer to 471.41 – 397.46? A. 70 B. 73.9 C. 74 D. 74.9
    5·2 answers
  • Solve for x<br> x + y = 1<br> x + 7y = -4<br> 2x - 6y = 4<br> 5x + 15y = -10<br> 2x + 6y = 10
    12·1 answer
  • What is the best way to determine the graph of a situation?
    11·1 answer
  • Answer for this question
    10·1 answer
  • , list the first five terms of each sequence.<br> f(n + 1) = −2f(n) + 8 and f(1) = 1 for n ≥ 1
    11·1 answer
  • 30/19 as a mixed number
    10·2 answers
  • What is the value of x?
    13·1 answer
  • Each week as part of her workout, Monica walks 0.5 mile, runs 1.6 miles, and then walks 0.75 mile.
    10·1 answer
  • Can anyone please help!!!!<br>QUESTION ATTACHED TO PICTURE
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!