shayreversetv shayreversetv
  • 04-04-2019
  • Mathematics
contestada

An account earns simple interest.
$2000 at 3.5% for 4 years
a. Find the interest earned.

$280

b. Find the balance of the account.
$

Respuesta :

Nihha Nihha
  • 06-04-2019

Answer:

$2280

Step-by-step explanation:

I see you've already found part a, which is to find the amount of interest earned. The next part is easy, to find the balance of the account after four years, just add the interest you've found back to the principal (the original size of the account or loan). $2000 + $280 equals $2280.

Answer Link

Otras preguntas

Round 2722 to the nearest thousand
Reasons about aSpecial person in your life
Which phase of mitosis is the cell most likely in when a cell is found to have two nuclear envelopes and spindles that appear to be breaking apart
In a fission reaction of U-235 there was a release of 9.20x1011kJ of energy. What amount of mass in grams would have been lost? Recall that c = 3x108 m/s.Select
Water weighs about 8.34 pounds per gallon. About how many ounces per gallon is the weight of the water?
What contribution to modern science was made by Andreas Vesalius? A) He created a vaccination that helped reduce the death rate across Europe in the 16th centur
Most immigrants who came to what a now the United States during 1600s and 1700s were from
A gerund can function as the object of a preposition. True or false ?
explain why high tariffs were a factor of industrialization in the united states
If an allele makes up one half of the frequency of a population’s allele for a given trait, its allele frequency is A. 100 percent. B. 75 percent. C. 50