lcy1086526Lisa1026
10.03.2020 •
Business
How many days will it take for $1500 to earn $16 interest if it is deposited in a bank paying simple interest at the rate of 4%/year? (Use a 365-day year. Round your answer up to the nearest full day.)
Solved
Show answers
More tips
- F Food and Cooking Discover the most delicious spaghetti with these tips...
- P Philosophy How did the concept of module arise in computer science?...
- F Food and Cooking How to Cook Julienne? Recipes and Tips...
- H Health and Medicine At What Age Does a Person Stop Growing?...
- F Family and Home How to Choose a Name for Your Baby?...
- F Food and Cooking Discover the Health Benefits of Cedar Nuts...
- L Leisure and Entertainment Scrapbooking: What is it and Why is it Becoming More Popular?...
- L Leisure and Entertainment Carving: History and Techniques for Creating Vegetable and Fruit Decorations...
- F Food and Cooking How to Make Sushi: A Step-by-Step Guide to Perfectly Rolled Delights...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
Answers on questions: Business
- B Business 8. Shelby owns a small gift shop in a tourist town in Devon. She has the following costs in the month of May.Rent £2,225Wages £800Salaries £1,500Stock purchase £950Calculate her...
- B Business Anyone wanna call eachother? drop ya number:) btw im a girl...
- B Business Given mean time to failure of 200 hours for each of a pair of redundant components, what is the probability of system failure if it operates for one hour? (Assume a constant failure...
- B Business In 2014, U.S. gross domestic product (GDP) was roughly $17.4 trillion. Given that the U.S. population was roughly 319 million people, per capita GDP in the United States in 2014...
- B Business Grace Co. can further process Product B to produce Product C. Product B is currently selling for $19 per pound and costs $15 per pound to produce. Product C would sell for $40 per...
- B Business The town of Hyder, Alaska, a U.S. border town, uses the Canadian dollar (CAD) as its preferred currency. However, workers in the U.S. Post Office in Hyder are paid in U.S. dollars...
- B Business Name five employ ability Skills that Employers look for...
- B Business The following units of an inventory item were available for sale during the year: UnitUnit Cost Beginning inventory15$55 First purchase2660 Second purchase3365 Third purchase1570...
- B Business Kaiser Industries has bonds on the market making annual payments, with 13 years to maturity, a par value of $1,000, and a current price of $1,122.42. At this price, the bonds yield...
- B Business Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D....
Ответ:
97 days
Explanation:
In simple interest method, the interest is calculated by the following formula
I= P x R x T
I= interest
P = principal amount
R =interest rate
T= Time
In this case
I=$16
P=$1500$
R= 4% or 0.04%
T= time
$16= $1500 x 0.04 x Time
$16 =60 x Time
Time = 16/60
time = 0.2666 year.
time in days = 0.26666 x 365 days
=97.333 days
=97 days
Ответ:
You adorable asf_ Dang, your so little, cute little Rosie.
Explanation: