maxmobergvux maxmobergvux
  • 01-03-2021
  • Mathematics
contestada

You have deposited 10,000 in an account that gives 2% interest every year. How much have you received in interest after two years?

Respuesta :

arulmalu
arulmalu arulmalu
  • 01-03-2021

Answer:

Amount deposited(P)=  10000

Interest rate    (R) = 2%

year (T)     = 2

Formula

S.I=PRT / 100

S.I = 10000×2×2÷100

S.I =40000÷100

S.I =400

Step-by-step explanation:

Answer Link

Otras preguntas

explain why all mutations are not necessarily harmful
This is Daniela's work to solve the equation 13x+42=276 13x+42=276 13x=318 X=24 6/13 Which property does Daniela need to use to avoid her er
The school basketball team has won 160 games in their history. The school volleyball team has won only half this much. Last year, there were 16 people on the ba
Calculate the volume of dry co2 produced at body temperature (37 ∘c) and 0.970 atm when 25.5 g of glucose is consumed in this reaction.
A pair of shoes is on sale for 5/12 of the orginal price. if the original price was $120, what was the sale price?
What basic belief about human origins is widely shared across polynesia?
What Is the nth term ruld of the quadratic sequence -5,-4,-1,4,11,20,31
To explain a child's development of gender attitudes and roles, behaviorists stress _____. reasoning ability unconscious motivations biological mechanisms reinf
Joliet and the "the rock" were examples of what type of prison?​
One advantage of recording data accurately is that you can _____. A. control the results B. repeat the experiment C. eliminate mistakes D. avoid having to anal