reality2569 reality2569
  • 01-03-2018
  • Mathematics
contestada

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 9%. After 8 years, the interest earned on the account was $1,440. How much money did Mike's grandmother deposit in the account?

Respuesta :

cp9454
cp9454 cp9454
  • 01-03-2018
SI = prt/100
1440 = (p*9*8)/100
⇒p=2000

Answer Link

Otras preguntas

What city is located at 31° North and 35° East?
Where do you think our modern ideas about government came from?
What were the benefits of domesticating animals?
please help with the question below
38) A pack of 3 bars of soap is sold for $2.30. How many bars of soap ca I buy if I have $10?
Razona y responde. 26. Completa la información en una tabla de contingencia, en la que se muestran los resultados de un examen aplicado a 120 estudiantes. Aprob
A new student who recently immigrated to the US rides the bus to school with you each day. You hear other students tease her about the way she speaks and dresse
Three divers went scuba diving in the ocean for a couple of hours. The table shows how much oxygen they had left in their oxygen tanks.Diver Oxygen (liters)Alex
Error analysis Ella wrote AB
help in this question asap