ultimatesaiyan
23.04.2020 •
Mathematics
An account earns simple annual interest. You deposit $600 into an account at 5% interest rate for 2 years. (a) Find the interest earned. (b) Find the balance of the account. *
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Ответ:
(a) $60 | (b) $660
Step-by-step explanation:
We can use the simple interest formula for this:
I = interest amount
P = principal amount
r = interest rate (decimal form)
t = time (years)
First, change 5% into its decimal form:
5% -> -> 0.05
Next, plug in the values into the equation:
The interest earned is $60. To find the total balance, just add the $600 back.
The total interest earned is $60 and the total is $660.
Ответ:
A because it’s white:whole wheat (part:part)
B because it’s whole wheat:total (part:whole)