omgthisdude123 omgthisdude123
  • 07-12-2020
  • Mathematics
contestada

Aldo deposits $700 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 6 years?

Respuesta :

devishri1977
devishri1977 devishri1977
  • 07-12-2020

Answer:

$84

Step-by-step explanation:

Principal = $700

r =2 % = 0.02

t = 6 years

Simple Interest = Prt

                         = 700 * 0.02 * 6

                         = $84

Answer Link

Otras preguntas

How one variable affects another happens in?
The higher the wind speed and the longer the fetch or distance of open water across which the wind blows and waves travel, the ____ waves and the ____ energy th
3. Select the letter before the detail that shows that Alice prefers to avoid conflict with the Queen. Question 3 options: A. “I only wanted to see what the gar
Why might you complete a 1040 instead of a 1040EZ?
A 50 kg astronaut ejects 100 g of gas from his propulsion pistol at a velocity of 50 m/s.what is his resulting velocity
Identify the fire great circles
what are the solutions to 6x^2 - 5x - 4 = 0
A and B Please show work!!
Help? QUESTION 1. This diagram shows the process of translation. Which statement is correct? A. The mRNA code determines which tRNA molecules are used. B. The m
Which new technology protects a cpu from heat damage by slowing the clock rate on the cpu?