sophianieves60501 sophianieves60501

04-06-2021
Mathematics

contestada

Michael deposits $4000 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 4 years? PLEASE ANSWER QUICK

Respuesta :

04-06-2021

Answer:

$960

Step-by-step explanation:

simple interest = [tex]\frac{P R T}{100}[/tex]

= [tex]\frac{4000*6*4}{100}[/tex]

= $960

Answer Link

04-06-2021

I = PRT

I = 4000×0.06×4= 960

Interest = 960 dollars

Answer Link

Otras preguntas

Simplify the radical expression

Which is the closest antonym for the word stigma? blight B prestige logic D . remorse

Ex3 :Use the correct passive form of these 1. An island ............. by water ( cover ) 2. I ..... to the party last night but I didn't come ( invite ) 3. Mary

Rs 600 will gave Rs 90 simple interest at 5 % per annum.

(a) An angle measures 40°. What is the measure of its complement? (b) An angle measures 63°. What is the measure of its supplement?

if a = 4 - √15, find a^4 +1\a^4 Hey! Please answer this question with steps. I will mark you brainliest. Random answers like 'sdfgh' or wrong answers will be r

A newspaper infographic titled "Social Media Jeoparding Your Job?" summarized data from a survey of 1,815 recruiters and human resource professionals. The infog

what is f(x)= (x-4)(x+3) in standard form?

This app isn’t helping

How are all planets in the solar system similar? A. They have a gas atmosphere. B. They have a water atmosphere. C. They have a gas-surface composition. D. They