beckamariee beckamariee
  • 20-05-2020
  • Mathematics
contestada

you deposit $300 in a savings account the accounts earns 12% simple interest per year what is the interest and balance earned at 6 years

Respuesta :

SugarCoatedTragedy
SugarCoatedTragedy SugarCoatedTragedy
  • 20-05-2020

Answer:

$516, interest earned is $216

Step-by-step explanation:

12% of 300 is 36

36y+300, y is years

36(6)+300=516

Answer Link

Otras preguntas

The diameter of your bicycle wheel is 25 inches. How far will you move in one turn of your wheel?
what is the meaning or definition of fighting-gear??
Horace read 160 pages in 4 hours. How many pages can he read in 6 hours??
other name for blood
if you live 35 miles from work & drive 35 mph how long would it take to get there
What is the lateral area of the rectangular prism? Assume the prism is resting on its base. A. 135 in2 B. 270 in2 C. 300 in2 D. 310 in2
How consumers behaviour affect market equilibrium
What is the approximate circumference if the circle that has a center at (2,1) ans passes through the point (2,5). 1. 8 units 2. 13 units 3. 25 units 4. 50 unit
How consumers behaviour affect market equilibrium
Two 1 litre jugs are each filled with a mixture of olive oil and vinegar. The first jug has 3 times as much as oil as vinegar and the second jug has 4 times as