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Galina-37 [17]
2 years ago
6

Terry deposits a principal amount of $500 in a savings account that earns an annual rate of a simple interest. if he makes no d

eposits or withdrawals, he will earn $40 in simple interest in 4 years. What is the annual rate of simple interest?
Mathematics
1 answer:
Artist 52 [7]2 years ago
8 0

Answer

$540

Step-by-step explanation:

hopes this helps

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What is the area of the parallelogram represented by the vertices A(-6, -1), B(-2, -1), C(-1, -4) and D(-5, -4)?
kramer

Answer: 12 units²

Step-by-step explanation:

To find the area of a parallelogram, we use the formula A=l×w. To find the length and width, let's graph out the parallelogram to get a better view. Let's refer to the picture attached to see what the graph looks like. The length is 4 units while the width is 3 units. Therefore we multiply.

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A principal of $2000 is invested at 7% interest, compounded annually. How much will the investment be worth after 10 years? Use
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