DiamondAngels2218 DiamondAngels2218
  • 12-05-2021
  • Mathematics
contestada

You put $2000 in account with a simple rate of 1.5% how long does it take for the account to earn $60

Respuesta :

Ritmeks
Ritmeks Ritmeks
  • 13-05-2021

Answer:

0.5

Step-by-step explanation:

The formula is I= prt

I= 60

P= 2000

r= 1.5%

60= 2000×1.5/100×t

60= 30t

t= 30/60

= 0.5

Hence the time required is 0.5 years

Answer Link

Otras preguntas

Pumpkins at a local farm sell for $.49 per pound. Jim Ring spent $73.50. How many pounds of pumpkins did he purchase?
How did the Church play a vital role in medieval life?
A repeated melodic and rhythmic figure in the lower register of the piano is typical of the Afro-Cuban dance music known as A. mambo. B. guaguanco. C. reggae. D
How did the beliefs of the Israelites differ from those of other people of Mesopotamia?
What is remarkable about the Hittites
What is 999.999 rounded to the nearest TENTHS
Which word in this sentence is a participle? The frightened cat climbed to the top of the tree. a. cat b. top c. frightened d. climbed
The cloud of interstellar dust and gas that forms a star is known as a A. protostar. B. white dwarf. C. red giant. D. nebula. User: 15. With an average surfac
what is the GFC of the numbers 12,18 and 26
the quotient of a number and -7 decreased by 2 is 10 find the number