Amoursadaria Amoursadaria

02-11-2020
Mathematics

contestada

A $600 deposit for 30 years at a simple interest rate of 2%

A 600 deposit for 30 years at a simple interest rate of 2 class=

Respuesta :

isabelaxchave isabelaxchave

02-11-2020

Answer: Interest rate is $360.00

Step-by-step explanation:

Equation:

I = Prt

P= $600.00

R= 2%

T= 30

I = 600 × 0.02 × 30 = 360

I = $ 360.00

The simple interest accumulated

on a principal of $ 600.00

at a rate of 2% per year

for 30 years is $ 360.00.

Answer Link

Otras preguntas

What does a Materials filter attempt to do

8➗2(2+2)????????????

A 85cm snowman melts and loses 3cm in height for every hour the sun shine and the sun shine only 6.5 hours a day. How many days will it take for the snowman to

Questions 1–9: For each sentence, select the verb. Then, indicate whether it’s an action, linking, or helping verb.

Two identical rubber balls are dropped from different heights. Ball 1 is dropped from a height of 115 feet, and ball 2 is dropped from a height of 269 feet. Use

HELP!!!!!!!!!!!!!!!!

According to recent research, what medium is the most effective for acquisition of political information?

What did the sailors do to the captives who refused to eat

The condition in which energy intake is consistently higher than energy expenditure is known as __________ energy balance.

i hope _____ are enough decorations