silviocoto19school silviocoto19school

04-02-2022
Mathematics

contestada

(Givng Good Points!)
Mark deopsits $500 into a bank account. He gets a 3% interest rate. How much money will Mark earn in interest over 5 years?

$150
$750
$75
$10

Respuesta :

musiclover10045 musiclover10045

04-02-2022

Simple interest formula :

total = starting amount x (1 + ( interest rate x time))

total = 500 x (1 + (.03 x5))

Total = 575

Interest = 575-500 = 75

answer: $75

Answer Link

Otras preguntas

Please help me with this....

Can someone help me please

Typical irish food made with sodium bicarbonate

Four friends have dinner and bill comes to 85.78. They leave an 18 percent tip. What is the total amount of their bill.

Which sentence uses an indefinite article? She gave us a picture of her trip to Egypt. That beautiful park is my favorite. Did you enjoy the play

(Statistics and Probability) Jim runs a smoothie stand in the mall, and the flavors he sells are banana, kiwi, and grape. He wanted to figure out the probabilit

The human body maintains a temperature of around 98.6 degrees at all times. Enzymes are involved in almost every chemical reaction in the body. Which of the fol

STIs are something you should be aware of and take precautions against. The only effective way to prevent STIs is through _______.

One method of planning for attachment could be

Who was the first african american nfl player