dhontes512
dhontes512 dhontes512
  • 18-12-2019
  • Mathematics
contestada

someone deposits $567 dollars. The interest rate was 23%. How much money would someone get in 2 years?

Respuesta :

FrightfulMarty FrightfulMarty
  • 24-12-2019

Answer:

totel amount=$827.82

Step-by-step explanation:

given p=principle=$567

rate of interest=R=23%

time=T=2years

simple interest=[tex]\frac{P\times R\times T}{100}[/tex]

simple interest=[tex]\frac{567\times 23\times 2}{100}[/tex]

simple interest=$260.82

hence, totel amount=principle+simple interest

totel amount=$567+$260.82=$827.82

totel amount=$827.82 answer

Answer Link

Otras preguntas

What is the main conflict in Beowulf?
Suppose you have only hundreds, tens, and ones blocks. What are two different ways you could make the number 1,718
3/5n 9/10=1/5n-23/10
Every year _______ species go extinct. a. 3 b. 72 c. 1000 d. 20000
FIRST ANSWER IS BRAINIEST SO QUICK QUICK FIRST ANSWER IS BRAINIEST SO QUICK FIRST ANSWER IS BRAINIEST ALSO THIS QUESTION IS WORTH 99 POINTS FIRST ANSWER IS BRAI
x+1.5=32; 17 tell whether the given number is a solution to the equation
The writer always states the hypothesis at the beginning of a scientific paper. a. True b. False
Write the sum of the numbers as the product of their GCF and another sum
Decimals between 9.4 to 10.5 with an interval of 0.1 between each pair of decimals
Why did Europeans ship goods to Africa as part of triangular trade?