BluSeaa
BluSeaa BluSeaa
  • 01-06-2020
  • Mathematics
contestada

Correct answers only please!

Correct answers only please class=

Respuesta :

jimthompson5910 jimthompson5910
  • 01-06-2020

p = 7000 is the amount deposited, aka the principal

r = 0.15 is the decimal form of 15% interest rate

t = 2 is the number of years the money sits in the account

--------------

B = p*(1+r)^t

B = 7000*(1+0.15)^2

B = 7000*(1.15)^2

B = 7000*(1.3225)

B = 9257.50

Subtract off the deposited amount to get the interest earned

i = B - p = 9257.50 - 7000 = 2257.50

Answer: 2257.50

Answer Link

Otras preguntas

Factor the expression x2 − 14x + 45 completely.
The process of ________ helps to ensure that a scientist’s research is original, significant, logical, and thorough.
A skateboarder starts from rest and maintains a constant acceleration of 0.50 m/s² for 8.4 s. What is the rider's displacement during this time meters
Measuring Current as a Function of Voltage with a 20 Q Resistor Voltage M Current Calculated (A) Current Experimental (A) 1 5 10 20 50 Measuring Current as a Fu
pls help me this is important​
What is the highest temperature ever recorded in texas.
Question 3 for growing up key moments
Which movie couple is based on rob reiner and nora ephron?.
what kind of rules have to be improved?Write with example?​
What is the name of the smallest ball in bocce ball?.