1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
What is the slope of the line that goes through (2,7) (3,9)
marin [14]

Answer:

2

Step-by-step explanation:

slope (m) = y2 - y1/x2 - x1

m = 9 - 7/3 - 2

m = 2/1

m = 2

4 0
3 years ago
A number cube was rolled as part of an experiment. The results are shown in the table. Explain how to find the experimental prob
pychu [463]

The experimental probability of rolling a 6 is 9/60  which can be determined by dividing the frequency of the observation 6 with the total frequency of the experiment.

<u>Step-by-step explanation:</u>

Experimental probability is different from theoretical probability because the former is obtained by experimentation  while the latter is what we expect theoretically.When we take a number of observations, the experimental probability and theoretical probability need not be the same.

In this question we have to determine the experimental probability of 6. It can be determined by dividing the frequency of the observation 6 by the total frequency of the experiment.

frequency of 6=9

total frequency=frequency of 1+frequency of 2+frequency of 3+frequency of 4+frequency of 5+frequency of 6

=13+11+9+8+10+9

=60

P(6)=frequency of 6/total frequency

=9/60

4 0
3 years ago
Read 2 more answers
V is the midpoint of UW. If UV = x + 2 and VW = 2x, what is VW?
Elan Coil [88]

Answer:

8 units

Step-by-step explanation:

x + 2 = 2x

2 = 2x - x

x = 2

uW = 2(2+2) = 8

3 0
3 years ago
Read 2 more answers
Mee: 5324611502 Pa: here​
arlik [135]

Answer:

yuh

Step-by-step explanation:

3 0
2 years ago
Can someone please help me?
Luda [366]

Answer:

(x-1)^5 (x+1)

Step-by-step explanation:

2 (x-1)^5 + (x-1)^6

Factor out (x-1)^5

2 (x-1)^5 + (x-1)^5 (x-1)

(x-1)^5( 2 + x-1)

Combine like terms

(x-1)^5 (x+1)

4 0
2 years ago
Read 2 more answers
Other questions:
  • Brainly, 10+10=2 so what does 10+10+10= ?
    13·2 answers
  • Inscribed Angles - What is the value of x? WILL GIVE BRAINLIEST!
    12·1 answer
  • My question is what is 8.7+5.4​
    14·2 answers
  • If you can answer your cooler than my whole school
    7·1 answer
  • What is the value of x in the question 7x+2y=48,when y =3
    14·2 answers
  • Find the slope -16x=-6-2y
    5·2 answers
  • What’s distributive property to express 36+16
    5·1 answer
  • Plz help asap<br> thanks xoxoxoxoxox
    6·2 answers
  • Forensic scientists can estimate the overall height of an adult male based on the length of the femur bone. A femur bone that is
    8·1 answer
  • I WILL GIVE 20 POINTS TO THOSE WHO ANSWER THIS QUESTION RIGHT NOOOO SCAMS AND EXPLAIN WHY THAT IS THE ANSWER
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!