galaxywolfie90 galaxywolfie90

17-12-2020
Mathematics

contestada

greg invests 500$ in a savings account that earns 4% simple interest annually. if he does not make any additional deposits or withdrawals, how much money will be in the savings account after 5 years?

Respuesta :

ariahope321 ariahope321

17-12-2020

Answer:

The answer is 100.

Step-by-step explanation:

4% of $500 is $20. If Greg collects $20 each year 5 times in a row, he will have earned $100.

Answer Link

17-12-2020

Greg will earn $100 dollars

Answer Link

Otras preguntas

Approximate the change in the lateral surface area (excluding the area of the base) of a right circular cone of fixed height of h=6 m when its radius decreases

Balance the following reaction. A coefficient of "1" is understood. Choose option "blank" for the correct answer if the coefficient is "1." Ca(OH)2 + H3PO4 → Ca

which relations are functions

CONSTRUCTED RESPONSEA metaphor is a figure of speech that directly compares two unlike things. What does the metaphor "iron curtain" help you understandabout th

which of the following is true of a mechanical wave

1. Restriction Fragment Length Polymorphism (RFLP) 2. Variable number of tandem repeats (VNTR) 3. Tandem repeats 4. Replication a. Repeated segments on

what is the range of the function

4/5n = 2/3 . n = ___?

HELP PLS! Factor each completely. *Hint: Check for perfect square trinomials, difference of squares, and quadratic trinomials. 1) k^2+2k-24 2) 4k^2-1 3) 25b^

How did the story of Anne frank connect to ww2