jeremiaht jeremiaht
  • 19-10-2018
  • Mathematics
contestada

how much interesr will hannah earn in 4 years if she deposits $630 in a savings accout at 6.5% simple interest?

Respuesta :

bobsim73 bobsim73
  • 19-10-2018

Answer:

$163.80

Step-by-step explanation:

630 x 6.5% = $40.95

Simple interest rate is the same interest each year (not compounding)

$40.95 x 4 years = $163.80

Answer Link

Otras preguntas

if f(x) = 6x – 9, evaluate f(x)/3 for x = -5 a. –7 b. –13 c. 7 d. 13
Please provide working outs as well as the answer. Many Thanks
which best describes what happened to germany after world war ii? a. two occupation zones formed west germany. b. berlin became a communist-controlled city. c.
which best describes what happened to germany after world war ii? a. two occupation zones formed west germany. b. berlin became a communist-controlled city. c.
what line has slope of 5/8 and goes through the point (2,-3)
How are the structure and functioning of state legislatures similar to the United States Congress?
Which of the following is a government price control? a)farm subsidies b)minimum wage c)research funding d)union actions
how to change 5 17/20 into a decimal
water molecules can pass into a cell ,while larger molecules cannot.which feature of a cell allows this to be true?
This question is based on the following paragraph. Tomas tiptoed across the room. He made sure not to walk on the spot that always creaked. He opened the squ