27gipon01 27gipon01
  • 03-10-2021
  • Mathematics
contestada

Edward deposited ​$5,500 into a savings account 5 years ago. The simple interest rate is ​%2. How much money did earn in​ interest? What would be new account​ balance?

Respuesta :

bosm93
bosm93 bosm93
  • 03-10-2021

Answer:

6072.444

Step-by-step explanation:

x = 5,500(1+0.02)^5

Answer Link

Otras preguntas

Yolanda owns 4 rabbits. She expects the number of rabbits to double every year.a) after how many years will she have 64 rabbits?b) write and equation to model t
what are the landforms of vermont
how do I solve this proportion?
What is a tonal collage? We learnt it in school BUT  I can't remember.
When was the battle of Hastings?
what is the answer to this question -√(12)+5√(75)
In what respect does an atom of magnesium differ from a magnesium ion (Mg^{2+})? (A)The ion has a more stable electronic arrangement than the atom. (B)The pos
List two factors that might cause an organism to restrict its use of a resource.
what describes the solvent in any solution
How is carbon dioxide obtained?