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givi [52]
2 years ago
6

If you deposit $400 into an account that offers a 5% interest rate. How much interest will you earn after 1 year?​

Mathematics
1 answer:
DIA [1.3K]2 years ago
5 0

Answer:

Answer: The answer is $20

Multiply 400 by .05 or 5%.

If you wanna know 6 years it would be 536 usd

Explanation:

This would be an compound interest. Meaning that your gain every year would increase exponentially.

The equation to calculate this would be: Kn = K0⋅

(1+p100)n Kn is your savings after the period nK0 is your starting deposit p is the percentage n is the period of interest for your example we would have.

Kn=400⋅

(1+5100)6

Step-by-step explanation:

CREDIT FOR ANSWER GOES TO  

calderonj4588

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PLEASE HELP!!!!!!!!!<br> Make sure you show all your work for full points. What is o?
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Answer:

  o = 54

Step-by-step explanation:

The angle sum theorem tells you the sum of angles in a triangle is 180°. The definition of a linear pair tells you the two angles of a linear pair total 180°. Together, these relations tell you that an exterior angle of a triangle is equal to the sum of the remote interior angles.

In this geometry, the angle marked 78° is exterior to the left-side triangle. That means ...

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__

<em>Additional comment</em>

n° is the supplement of 78°, so is 102°.

m° is the difference between 102° and 22°, so is 80°.

6 0
2 years ago
Read 2 more answers
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