RahmirB617085 RahmirB617085
  • 25-10-2022
  • Mathematics
contestada

Taylor has $430 in her savings account. The annual simple interest at the bank is 2%. How much intreast will she earn on her savings in 9 months?

Respuesta :

ValkyrieO739480 ValkyrieO739480
  • 25-10-2022

we have the following equation

[tex]m(t)=430+430\cdot0.02\cdot t[/tex]

where t is the time in years, as we have 9 months, we have to change to years

[tex]t=\frac{9}{12}=\frac{3}{4}=0.75[/tex]

so after 9 months we get

[tex]430+430\cdot0.02\cdot0.75=430+6.45[/tex]

So she will earn $6.45 in 9 month

Answer Link

Otras preguntas

What are the main reasons there are so few impact craters on Earth compared to the Moon
You memorize a series of numbers by grouping them into sets of three and thinking of these sets as area codes. This is an example of:
Iron is an example of a Because a magnet attracts iron
When opening a door, you push on it perpendicularly with a force of 46.0 N at a distance of 0.740 m from the hinges. 1. What torque (in N·m) are you exerting re
The ratio of boys to the total number of students in a school play is 6:11.There are 15 girls in the school play. How many students are in the school play
Which of the following represent Exponential Decay? Choose all that apply.
Francis invested $20,000. Some was invested in bonds that made a 4% profit, and the rest was put into stocks that made an 8% profit. How much did Francis invest
Calculate the wavelength of the electromagnetic radiation required to excite an electron from the ground state to the level with n = 5 in a one-dimensional box
wich is part of eaths hydrosphere
can someone give me the answer please? thanks!