Edward deposited $6,000 into a savings account 5 years ago. The simple interest rate is 3%. How much money did Edward earn in in
terest?
1 answer:
Answer:
$900
Step-by-step explanation:
3% of 6,000 is 180
so, he earns $180 per annum
5 YEARS LATER
he has been earning $180 every year, so,
180+ 180+ 180+ 180+ 180, or 180*5
$900
Hope this helps!
You might be interested in
Answer:
y = 1/9
Step-by-step explanation:
(-2, y) = (x, y)
y = 3^x
y = 3^(-2)
y = 1/9
Therefore y = 1/9
Because it specialises the groups that go into the number.
Answer:
2,850
Step-by-step explanation:
4.25 x 9 = 38.25
4.25 x 13 = 55.25
4.25 x 12 = 51
13.70 x 92 = 1260.4
3.28 x 130 = 426.4
8.06 x 126 = 1015.56
all totals would equal 2,846.86, which to the nearest would be $2,850
Answer:
6x^2-48x-29
Step-by-step explanation:
