BlehBlah4873 BlehBlah4873

25-01-2021
Mathematics

contestada

if you put money into a savings account that earns $84.00 over seven years at a rte of 3%, how much money did you put into the account?

Respuesta :

topeadeniran2 topeadeniran2

29-01-2021

Answer:

Step-by-step explanation:

To solve this, we would use the formula for calculating simple interest which is:

Interest = PRT

Then, we will slot in the values given which will be:

84 = P × 3% × 7

84 = P × 0.03 × 7

84 = 0.21P

P = 84/0.21

P = $400

The Principal is $400

Answer Link

Otras preguntas

The table below shows Ms Kwenn's household budget for the month of February. TABLE 1: INCOME AND EXPENDITURE OF MS KWENA Salary Interest from investments Total

Consider the following 5% par-value bonds having annual coupons: Term Yield 1 Year y₁ = 1.435% 2 Year Y2 = 2.842% 3 Year Y3 = 3.624% 4 Year Y4 = 3.943% 5 Year Y

Which of the following is not considered by an actuary when determining the annual contribution to a government pension plan? A. Employee turnover B. Mortality

Comment on energy conservation in this diagram.

The general approach involved in supported teaching in schools is termed as ?

the charge on your rent-to-own washer is $25 per month. after 36 months, you get to keep the washer. how much does the washing machine end up costing you?

Write the vector ū in the form ai + bj, given its magnitude ||ū||| = 12 and the angle a = 12 it makes with the positive x – axis."

y = 4x²+x-l y=6x-2 Pls help asap Will give brainliest

A gardner is mowing a 20 x 40

Explain why everything in our solar system is spinning and/or orbiting something.