albulenabresaco albulenabresaco
  • 05-02-2021
  • Mathematics
contestada

Jacob has $50,000 in a savings account. The interest rate is 6% per year and is not
compounded. To the nearest cent, how much interest will he earn in 1 year?

Respuesta :

davis1mclauchlin
davis1mclauchlin davis1mclauchlin
  • 05-02-2021
He will earn $3000 in interest in one year. This is because when you find 6 percent of 50000 it is 3000.
Answer Link

Otras preguntas

How do you use the guess and check method to solve mathematical sentences
What fractions are equivalent to 2/3
In which of the following can a change be directly observed? A. alleles B. genotypes C. phenotypes D. mutations
​An autocracy gives the ruler the power to --- join the NATO forces control all branches of government join the United Nations
add together one and three quarters and two and a quarter and three
If you were one of the new immigrants who arrived in America in the 1880s, it's most likely that you would have been A. Irish and Protestant. B. German and Luth
What happens when chemical bonds break and new bonds form? A.) Physical change B.) A chemical reaction C.) Matter is surface area increases D.) Destroyed
The cafeteria at midtown middle school surveyed 575 students about their favorite food. Find the number of students the responded for each of the following.
How is the U.S. population changing? (1 point)The number of older Americans is growing. Women will soon outnumber men by about 2 to 1. The number of middle-aged
Which was not a provision of the Northwest Ordinance? A. a law against slavery in the territory B. requirements for public schooling in the new territories C. a