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

If a=12, b= -14 and c= -20 then find -b+c
Find a better estimate of √2.
La reaccion de la cal viva es endergónica o exergónica?​
The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020: Beginning balances were: Cash, $110,000
The coordinates of point T are (0,3). The midpoint of ST is (1, -3). Find the coordinates of point S.
Marcus is tying two bows for birthday gifts. He uses 3g feet of ribbon for Crystal's gift and 2 feet for Tim's gift. If he has an 8-foot roll of ribbon, how muc
3 decreased by the difference of h and 5
Search the Internet for “Clinton 96 ad, Next Century” and watch the campaign commercial from President Bill Clinton’s 1996 reelection campaign. Compare this com
There are 4 quarters and 1 dollar the total number is a function of the number of quarters does this situation represents a linear or nonlinear function
someone help me please I doesn't need to be that long you can decide the word count Type your first draft of your Hero's Journey research paper in MLA format wi