johndoesnutz2788 johndoesnutz2788
  • 03-07-2020
  • Mathematics
contestada

Calculate the amount of money you'll have at the end of the indicated time period.
You invest $1000 in an account that pays simple interest of 6% for 30 years.
The amount of money you'll have at the end of 30 years is $​

Respuesta :

Marachi Marachi
  • 03-07-2020

Step-by-step explanation:

Simple Interest = PTR/100

=1000* 30* 6/100

=1800.

Amount= Principal + Interest

= 1000+1800

= $2800

Answer Link

Otras preguntas

Can anyone help me with turning fractions into decimals 2 1/2
Which text exemplifies the anti-Victorianism prevalent in the early twentieth century? a) Eminent Victorians b) Jungle Books c) Philistine Victorians d) The
Which statement best describes a capsid? a. A capsid defines the shape of the virus. b. A capsid is the outside coat of the virus. c. A capsid is a protein coat
what were the four main causes of the Cold War
does gas have as definite or indefinite volume
if y is the principal square of root 5,what must be true
If a+b=6 and a-b = 4, what is the value of 2a + 3b?
George has a small coin collection.  He has collected 16 gold coins, 28 silver coins, 32 copper coins, and4 bronze coins. At a flea market, George sells 15% of
57% of 109 is what number? plz help
Slope= 1/5, y-intercept=1