michaelmallary
michaelmallary michaelmallary
  • 02-04-2020
  • Mathematics
contestada

A 1,595 deposit for 10 years at a simple interest rate of 8%


Interest:

Total value:

Respuesta :

mlima305 mlima305
  • 02-04-2020

Answer:1276

Step-by-step explanation:math

Answer Link
Officialalehpeter
Officialalehpeter Officialalehpeter
  • 02-04-2020

Answer: interest =1276

Total value=2871

Step-by-step explanation:

Interest= principal ×rate×time/100

Let interest be I

Principal be P

Rate be R

Time be T

I=p×r×t/100

P=1595

R=8

T=10

Substitute for the values

I=1595×8×10/100

I=1276

So Interest is 1276

Total value at the end of 10yrs will be

Principal +Interest

=1276+1595

=2871

Total value=2871

Answer Link

Otras preguntas

How does the dialation affect angle measures?
What's a word where like you go over something?
Which was the lowest class in the feudal system
Which best identifies a defining characteristic of a procedural text?
The part of the leaf which is connected to the transport system of the stem and roots is the _______
A cheetah can run 70 miles per hour what is this speed in feet per hour
How is a rate a measure of one quantity per unit or another quantity
The inside address is _____. -The address of references who know you -The employer’s address -Past employer’s address
Which sentence does not contain misplaced or dangling modifiers? A. Written too quickly, the article about the recent election had many errors. B. The article
What is one evolutionary advantage pteridophytes have over bryophytes?