silviocoto19school
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 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

An object travels four fifths miles in one-half hour. What is its speed?
Who ran mexico for decades as a dictator
Loss leaders are poorly managed retailcompanies of outlets
Explain the process and purpose of the warm up.
Which of the following countries is not mentioned in the lecture as one of the countries that celebrates the day of the dead? a. m xico c. italia b. las fili
How many times does one person fart in a week
From the evidence in "top of the food chain," how can you infer that the narrator is unreliable A) he provides the cost of using airplanes B) he refers to the E
johnny is in the hospital. what is his condition
What helps identify cell types?
the puerto rico trench has a depth of 30,246 feet. write the numbers that are 10,000 less than and 10,000 greater than this number