silviocoto19school silviocoto19school

04-02-2022
Mathematics

contestada

(Givng Good Points!)
Mark deopsits $500 into a bank account. He gets a 3% interest rate. How much money will Mark earn in interest over 5 years?

$150
$750
$75
$10

Respuesta :

musiclover10045 musiclover10045

04-02-2022

Simple interest formula :

total = starting amount x (1 + ( interest rate x time))

total = 500 x (1 + (.03 x5))

Total = 575

Interest = 575-500 = 75

answer: $75

Answer Link

Otras preguntas

Is the primary vehicle through which the chairman of the joint chiefs of staff (cjcs) exercises responsibility to provide for the preparation of joint operation

When randomly selecting an adult, a denotes the event of selecting someone with blue eyes. What do and represent?.

Express each of the following in metres. (iii) 10,000cm

20 points please help me I'm desperate and I will mark brainlyist

Select the correct answer. which english county is the setting for wuthering heights? a. worcestershire b. yorkshire c. hertfordshire d. derbyshire

A business manages to become more efficient. As a result of this improved efficiency, it will?

In a school of 910 pupils, 3/7 are boys and 2/5 of the boys wear glasses. how many boys wear glasses?

complete the remainder of the table for the given function rule.

Find d²y/dx² for implicitly in terms of x and y xy-1=2x+y²

Which graph has a domain of -∞ < x < ∞ and a range of -∞ < y