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boyakko [2]
3 years ago
10

Mr. Ray deposited $200,000 in the Old and Third National Bank. If the bank pays 8% interest, how much will he have in the accoun

t at the end of 10 years?
Engineering
2 answers:
DIA [1.3K]3 years ago
4 0

Answer:

The interest is $160000

Explanation:

simple interest formula: I = P * r * t

To find the simple interest, we multiply 200000 × 0.08 × 10 to get 160000

Hope this helps!

Radda [10]3 years ago
4 0

Answer:

2,160,000

Explanation:

8/100 × 200000/1 = 8/1 × 2000/1

2000 × 8 = 16,000 = interest

200,000 + 16,000 = 216,000

216,000 × 10 = 2,160,000 = amount in bank account

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Answer:

let number = 0

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3 years ago
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As the car infront passes a stationary object like a lamp post, the driver in the car behind should count at least two- seconds before their car reached and passes the stationary object too. This two-second rule ensures that cars maintain a safe distance between each other to avoid tailgaiting and collisions.

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