Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
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+5 and -5 because you root 25 which gives you + 5 or - 5
Answer:
8 liters
Step-by-step explanation:
If the sum of 2 + x = 10,
then you subtract 10 - 2 = x,
to get x = 8
Answer:
32$ Each
Step-by-step explanation:
15+13=28
92-28= 64
64/2 = 32$
Answer:
120
Step-by-step explanation:
