HayvnU664696 HayvnU664696
  • 03-11-2022
  • Mathematics
contestada

If $1,200 is invested in an account that earns 4.5% interest per year, how muchmoney will be in the account after 6 years?

Respuesta :

AlizehJ309325 AlizehJ309325
  • 03-11-2022
[tex]\begin{gathered} \text{Interest}=\frac{Prin\text{icipal}\times rate\times time}{100} \\ I=\frac{1200\times4.5\times6}{100} \\ I=324 \\ \text{The money in the account is.} \\ \text{Money}=P+I \\ \text{Money}=1200+324 \\ \text{Money}=\text{ \$1524} \end{gathered}[/tex]

Answer Link

Otras preguntas

Im struggling with these 2 problems
The measure of an angle is 34.6°. What is the measure of its complementary angle?
Im struggling with these 2 problems
How can you use an equation to make a prediction from a pattern?
1/10 + -9/10 = what in fraction form
To apply for a job at the new store in the mole. is this a fragmentation sentence ​
A study investigated about 3000 meals ordered from Chipotle restaurants using the online site Grubhub. Researchers calculated the sodium content (in milligrams
600+39 what does it add up to help
pls pls help whoever gets it right gets a crown
NEED AN ANSWER NOW!! ITS WORTH THE POINTS!! DUE TODAY AT 10!!!!! The grid above shows the graph of the parent function and a translated functions graph. Write