TomaszW722323 TomaszW722323
  • 03-11-2022
  • Mathematics
contestada

How much interest is earned on an initial investment of $700 with a 5% annual rate for 2 years? A $700B $350C $70D $35

Respuesta :

CaoimheV589459 CaoimheV589459
  • 03-11-2022

Let's calculate the 5% of $700 using a rule of three:

This way,

[tex]\begin{gathered} x=\frac{700\cdot5}{100} \\ \Rightarrow x=35 \end{gathered}[/tex]

$35 is earned each year, For two years, the earnings would be $70

Answer: C. $70

Ver imagen CaoimheV589459
Answer Link

Otras preguntas

Find 24.7% of 169. Round to the nearest tenth.
Create ppt Manufacture of nitrogenous fertilizers – calcium cyanamide, ammonium Nitrate
P(qx+5) is equivalent to 18x +r. What are possible values for p, w, and x?
In the United States, individuals who earn an income in the top one percent can be referred to as "top earners." The percent of top earners who are men, , is m
I need help thankyou
C:Windows Home user a Leg file(file) Status Report (report Identify the rootdrrectory ||| In Identify the name of the drive. 3 Identify the subdirectory of the
Abdul is x years old. His father is thrice as old as him. 10 years ago, Abdul's father was 5 times as old as Abdul was. Which of these equations can be solved t
What is the common difference in the sequence 10, 20, 30, 40, 50,... ? A. 10 B. -10 C. 1/2D. -1/2
Would you personally like to work for a healthcare organization that performs similar services around the globe? Why or why not?
Lisa is a pet cat called Taddy. Is pet adjective or noun