Mrs. Scott opened an account with a deposit of $1,750. The bank pays 5% annual simple interest on this account. Mrs. Scott makes
no additional deposits or withdrawals. How much interest will the account have earned at the end of 2 years?
1 answer:
Answer:
At the end of two years Mrs.Scott earned $1929.36 (i rounded the dec.)
Step-by-step explanation:
A= p(1+r)^t
P= 1750
r= .05
t= 2
A= 1750(1+.05)^2
A= 1929.375
You might be interested in
Answer:
Susie is losing 5 pounds every month on her diet.
Step-by-step explanation:
Answer:
0.00000763
Step-by-step explanation:
7 accounts for 1 place
6 - 1 = 5, therefore 5 0s after the decimal point
Answer:
47.581
Step-by-step explanation:
can't explain I just know how to do it
Answer:
172.5 inches cubed
Step-by-step explanation:
Step-by-step explanation:
(2x-y+3)(2x-y-3)=
4x²-2xy-6x-2xy+y²+3y+6x-3y-9=
4x²-4xy+y²-9=
(2x-y)²-9
