ssjdudjdsloe9910 ssjdudjdsloe9910

01-04-2021
Mathematics

contestada

A new bank customer with $4000 wants to open a money market account the bank is offering a simple interest rate of 1.5% how much interest with a customer in 20 years

Respuesta :

samuelonum1 samuelonum1

05-04-2021

Answer:

$1200

Step-by-step explanation:

Given data

Principal=$4000

Rate=1.5%

Time= 20years

The expression for simple interest is

SI= PRT/100

Substitute

SI= 4000*1.5*20/100

SI=120000/100

SI=$1200

Hence the interest is $1200

Answer Link

Otras preguntas

Identify the sentence that uses passive voice. A. This past Christmas, my nephew was hoping to receive some gift cards for his game system. B. Oscar Wilde once

Please help?! 17 & 18

what is the formula for this?

Which individual received the same amount of votes as Jefferson during his first election

I'll give brainliest if you show your work. Jeremy surveyed students in his class about their spending habits in the school cafeteria. He used the data to creat

Help on 37? Thank you!

write always, sometimes or never,a conjecture is _____ true

The american medical association, a physicians' union, is a good example of a(n):

A colorless, toxic, radioactive gas is called what

The simplest form of square root of eighty can be written as a times square root of b, where a = and b = .