peligrosa818 peligrosa818

03-10-2021
Mathematics

contestada

If you have $10,000 in a savings account and you earn 8% simple interest, how much money will be in the account after 3 years?

Respuesta :

mhanifa mhanifa

03-10-2021

Answer:

$12400

Step-by-step explanation:

Initial amount = $10000
Interest rate = 8%
Time = 3 years

Amount in the account after 3 years:

$10000*(1 + 3*8/100) = $12400

Answer Link

Otras preguntas

Is the pronoun in the sentence reflexive, intensive, both, or neither? Jason finished the remodeling himself

What is the general name of an enzyme that transfers phosphate groups from atp to a protein?

Dr. Jones would like a computer system for the office to help with management of the clinic. The cost is $15,000, and the interest rate is 4.6%. The amount of i

Which term describes elements with different atomic masses due to varying numbers of neutrons?

The process of nuclear division which creates two new identical nuclei is called _____.

What is a theme for Giles the beggar?

What notations are commonly used to specify isotopes? what do each of the numbers in these symbols mean?

Why did most colonists have a positive attitude towards Britain in 1763?

why is realism said to be a reaction to romanticism

Question attached Please help