maggievanover4651 maggievanover4651
  • 17-05-2020
  • Mathematics
contestada

Sonny deposited $8,500 in an account that earns 4% simple interest. If Sonny makes no more deposits or withdrawals, then how much interest will he earn at the end of 2 years?

Respuesta :

hltb121978
hltb121978 hltb121978
  • 18-05-2020

Answer:

$680

Step-by-step explanation:

I=PRT

I=(8500)(0.4)(2)

8500

× 0.4

_____

340

× 2

____

680.00

Answer Link

Otras preguntas

The balanced equation below represents the reaction of glucose, C6H12O6, with oxygen at 298 K and 101.3 kPa. C6H12O6(s) + 6O2(g) → 6CO2(g) + 6H2O(ℓ) Determine t
Why did so many Germanic tribes begin invading the Roman Empire?
A key to the American success at the Battle of Midway was
Why did the ability to walk upright and the development of the opposable thumb represent important breakthroughs for early hominids?
What process allows you to smell perfume a distance from the source
A refrigerator with a weight of 1,127 newtons needs to be moved into a house using a ramp. The length of the ramp is 2.1 meters, and its height is 0.85 meters.
When a roller coaster climbs up a hill, its potential energy? Increases or Decreases or its zero
Factor the expression 4x + 32. Explain each step you take in the process.
why should consumers save money instead of merely planning to borrow money if an emergency arises
What is the value of the digit 3 in this number? 9.37 Choose exactly two answers that are correct. A. 3 hundredths B. 0.03 C. 3 tenths D. 0.3