shayreversetv shayreversetv
  • 04-04-2019
  • Mathematics
contestada

An account earns simple interest.
$2000 at 3.5% for 4 years
a. Find the interest earned.

$280

b. Find the balance of the account.
$

Respuesta :

Nihha Nihha
  • 06-04-2019

Answer:

$2280

Step-by-step explanation:

I see you've already found part a, which is to find the amount of interest earned. The next part is easy, to find the balance of the account after four years, just add the interest you've found back to the principal (the original size of the account or loan). $2000 + $280 equals $2280.

Answer Link

Otras preguntas

PLEASE HELP "When I left for the airport," is an example of _______.
In the circle below, chord AB passes through the center of circle 0. If the radius OC is perpendicular to chord AB and has length of 7 centimeters, what is the
(6 x 37) x 5 = (37 x 6) x 5 illustrates the what?
Look at this photograph. This is an example of: O A. a Minoan mural, B. a panel sculpture. ООО C. a Classical frieze. D. a fresco wall. I think it’s C but I’m n
What is 80,023 written in scientific notation?
If cyberbullying is happening, what is the most effective way to stop it? A Refuse to take part B speak up against all bullying behaviors C All of the above DD
If f(x)= (3x+x)/(x-3) what is f(a+2)
Write the fraction 20/28 in the simplest form
Based on your understanding of the scenario, why was the claim rejected? The claim was submitted for the wrong patient. ICD-10-CM codes are used to code claims
How to write 4 - 5h in verbal expression