Seudónimo Seudónimo
  • 18-11-2016
  • Mathematics
contestada

An amount of $8,000 is invested at a simple interest rate of 1.5%. What is the total amount after three years?

Respuesta :

Аноним Аноним
  • 18-11-2016
If you're looking for the interest the answer would be:
i=8,000*.015*3
i=360.
The interest would be $360 dollars. 
The balance would be 8,000+360= $8,360

Answer Link
Lildroppasunshine
Lildroppasunshine Lildroppasunshine
  • 18-11-2016
you do $8000(1.50)^3
with 3 being the amount of years. which ends up being $27,000 after three years
Answer Link

Otras preguntas

In 2018, the winner of the Chicago Marathon ran 26.2 miles in 2 hours, 5 minutes, and 11 seconds. What was his average speed in miles per hour?
6x + 4x-6=24+9x is what
Need help answering this math problem.
Write 4 hundred 16 tens 5 ones in standard form
Read the passage. Students may use cell phones between classes and during the lunch break, as long as they do not create a distraction or cause the student to
The Liberty boys were established as a protest against what
Round to the nearest hundred 48
Read the following passage and then answer the question. Choose the sentence from the text above that does not fit with the organization.
What year did Pennsylvania start
Please solve equations with elimination method, please! y=-x^2-6x-10 y=3x^2+18x+22