keeponbelieving1 keeponbelieving1

01-07-2016
Mathematics

contestada

$1, 000 after 2 years at an interest rate of 3.0% is $ round up to the nearest cent

Respuesta :

meerkat18 meerkat18

01-07-2016

This may be a simple interest computation.

Simple Interest = Principal * interest rate * term

Principal = 1,000
interest rate = 3%
term = 2 years

Simple Interest = 1,000 * 0.03 * 2
Simple Interest = 60

Total Amount after 2 years: 1,000 + 60 = 1,060

Answer Link

Otras preguntas

URGENT** PLEASE ANSWER AS SOON AS POSSIBLE: 40 POINTS There are percentages of people who participated in the talent show from 2008 to 2003. This year there are

The arms race was an important part of the Cold War conflict between the United States and the Soviet Union. During this period, many people were afraid that a

I need help ASAP.Chart goes to number 1.1. Carlos flipped a coin 15 times and recorded his results in the table below:What is the experimental probability of Ca

Please help and thank you

A farmer can spend no more than $4,000 on fertilizer and seeds. The fertilizer costs $2 per pound and seeds cost $20 per pound. To summarize the situation, the

A vs an, if wrong change it PAC man thought he had found an four leafy clover but upon closer inspection it only had three leaves

W.E.B. Du Bois and booker T. Washington strongly disagree over?

2 (b - 4) > -6 I NEED HELP ASAPPPPPPP

The first step in creating an argumentative essay is

What’s a metamorphosis