tshepi8840 tshepi8840
  • 15-02-2021
  • Mathematics
contestada

Jeremiah deposited $5,000 in to an account that earns 3.25% simple annual interest. Calculate the interest Jeremiah will earn after five years.

A) $5867.06

B) $812.50

C) $5,812.50

D) $81,250

Respuesta :

spencersgirl07 spencersgirl07
  • 15-02-2021

Answer:

b

Step-by-step explanation:

multiply 5000 to 3.25% then you get 162.50. add 162.50 for 5 years of interest giving you 812.50

Answer Link

Otras preguntas

find the difference: 7 7/8 - 3 1/4
A certain test is worth 155 points. How many points (rounded to the nearest point) are needed to obtain a score of 65%?
What is a tonal collage? We learnt it in school BUT  I can't remember.
find the difference: 7 7/8 - 3 1/4
what are two human uses for mosses?
A pack of 9 toilet rolls costs £4.23 A pack of 4 toilet rolls costs £1.96 Which pack gives the better value for money? You must show all your working.
How do you do this algebra question
What is the solution to this system of linear equations: y-x=4 and y+2x=1 1) (-1,3) 2) (0,4) 3) (1,-1) 4) (-3,3)
what is the sum of 6 7/8 + 4 5/8
In what respect does an atom of magnesium differ from a magnesium ion (Mg^{2+})? (A)The ion has a more stable electronic arrangement than the atom. (B)The pos