jgaston8142
jgaston8142 jgaston8142
  • 22-01-2021
  • Mathematics
contestada

How much interest is earned on a principal amount of $400 invested at an interest rate of 5% for 3 years

Respuesta :

JamieOliver JamieOliver
  • 24-01-2021

Answer:$63.05

Step-by-step explanation:400*1.05*1.05*1.05=463.05

463.05-400=63.05

Answer Link

Otras preguntas

1.) Explain the process of ejaculation. 2.) Explain the process of menstruation. Note: The explanations must have 2-3 sentences each.
What happened to the number of moles in a sample that originally occupied 500mL with 2.50 moles and then occupied 750mL? It deals with gas laws
true or false for the best control of both the accelerator and brake pedals rest the heel of your foot on the floor??
If the The length of a rectangle is 5cm longer than twice the length of the width and the area if the rectangle is 403 square centimeters,what is the width?
What are ethos logos and pathos
How to write 4/50 as a decimal
Is 2/14 equivalent to 3/7
Are there Centrioles in Nerve cells?
5x^2+19x+12 factor the polynomial
1.) Explain the process of ejaculation. 2.) Explain the process of menstruation. Note: The explanations must have 2-3 sentences each.