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2 years ago

12

Hasan deposits $150 in a savings account that earns simple interest at an annual rate of 3%. He makes no other deposits or withd

rawals. How much interest does his account earn after five years?

1 answer:

Kazeer [188]2 years ago

7 0

Answer:

$172.5 hope this helps

Step-by-step explanation:

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Using sum or difference formulas, find the exact value of sin(165∘)

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$\bf \textit{Sum and Difference Identities}
\\ \quad \\
sin({{ \alpha}} + {{ \beta}})=sin({{ \alpha}})cos({{ \beta}}) + cos({{ \alpha}})sin({{ \beta}})
\\ \quad \\
sin({{ \alpha}} - {{ \beta}})=sin({{ \alpha}})cos({{ \beta}})- cos({{ \alpha}})sin({{ \beta}})\\\\
-------------------------------\\\\$

$\bf sin(165^o)\implies sin(120^o+45^o)
\\\\\\
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James invested $4,000 at 5% interest per year; how long will it take him to earn $200 in simple interest?

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Answer:

It takes 1 year.

Step-by-step explanation:

You have to apply simple interest formula, I = (P×R×T)/100 where I represent interest amount, P is principle, R is interest rate and T is number of years :

$I = \frac{PRT}{100}$

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$20000 = 20000T$

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Step-by-step explanation:

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