Gideon2908 Gideon2908

02-03-2021
Mathematics

contestada

Jack has $20 in his savings account that earns 10% annually.The interest is not compound.How much will he have in 1 year?

Respuesta :

samuelonum1 samuelonum1

04-03-2021

Answer:

$22

Step-by-step explanation:

Given data

Principa= $20

rate= 10%

time= 1 year

The simple interest expression is given as

A= P(1+rt)

substitute

A= 20(1+0.1*1)

A= 20*1.1

A= $22

Hence the amount after 1 year is $22

Answer Link

Otras preguntas

Biology shows us the fossil record and comparative anatomies. Chemistry shows us that organic molecules can come from inorganic matter. Geology shows us that or

What is the recommended way to determine if a baby requires supplemental oxygen in the delivery room?

How does government regulate natural monopolies? a. ensuring and overseeing one supplier b.rationing consumption per supplier c.setting price controls for mult

The population of a village is 5936. 10 years ago the population was 5600. What percentage increase is this?

there is a ____ signage which is uses symbols for quick and easy understanding a county b state c national d regional (this has to do with drivers ed)

which of the following is an example of a metaphor ? A. "time stood still" B. "The silence of the desert was a distant dream" C. "i want my husband to wander a

Write x^2 - 8x - 3 in vertex form

Can someone help me with this question ? Thanks!

In general, how would an increase in substrate alter enzyme activity

Write the equation of the quadratic function with roots -1 and -7 and a vertex at (-4, 7)