michellefrancisco604 michellefrancisco604
  • 15-10-2021
  • Mathematics
contestada

Find the balance of a savings account after 5 years using simple interest if the initial deposit was $100,000 and it earns 1.5% interest.

Respuesta :

patriciaemguidice
patriciaemguidice patriciaemguidice
  • 15-10-2021

Answer:

7500

Step-by-step explanation:

5 × 100,00= 500,000

500,000 × 1.5% = 7500

Answer Link

Otras preguntas

Suppose you are driving due east, traveling a distance of 1500 m in 2 minutes. You then turn due north and travel the same distance in the same time. What can b
Six times a number is greater than 20 more than that number. What are the possible values of that number? on<4 On>4
How would you describe homers style in the odyssey
I WILL GIVE BRAINLIEST A right triangle has an area of 13 m^2. The dimensions of the triangle are incresed by a scale factor of 3. What is the area of the new
What is the area? (IXL)
Pls help with Anne Frank Why did Anne Frank choose to pack theses thing.
Drawing on her roots in a society that has a strong tradition of storytelling and oral renditions of the past, Indian writer Suniti Namjoshi incorporates many t
If f(x) = 4 - x2 and g(x) = 6x, which expression is equivalent to (g-1)(3)? A. 6-3-(4+3)^2 B. 6-3-(4-3)^2 C. 6(3)-4+3^2 D. 6(3)-4-3^2
two mechanics worked on a car. The first mechanic worked for 10 hours, and the second mechanic worked for 5 hours. Together they charged a total of $1500 . What
What does ward mean in the word inwardly?