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

a man builds an ark and is saved from the flood common to both or NOT common to both

Identify this melody

Aryan want to deposit silver on an iron spoon using silver nitrate as electrolyte. Which terminal of the battery he should connect the spoon? What material shou

help me please In "Do Not Go Gentle into That Good Night”, the speaker emphasizes that older men should fight fiercely against death. The setting is the time w

During the distillation nitrogen gas is obtained first, then argon and oxygen. What can u say about the boiling points of these three gases?

Imagine that you're doing an experiment to determine how the running speed of a hamster depends on the weight of the hamster when plotting your data what variab

A doctor prescribed a tablet to a patient suffering from iron deficiency. The tablet does not look like iron. Explain.

The article about NATIVE AMERICAN folklore is What kind of phrase are the bolded words? adverb phrase adjective phrase gerund phrase verb phrase

why does the structure of the plasma membrane make this type of transport neccesary for fluids

To show - 7 on the number line, from zero, we have to move 7 units in which direction?