jrogan25 jrogan25

02-04-2021
Mathematics

contestada

What is the simple interest on $40,000 at 6% interest for 2 months?

Respuesta :

jcrawfordg jcrawfordg

02-04-2021

Answer: $4,800

Step-by-step explanation:

(Assuming the interest is calculated monthly)

1. 6% of $40,000 = $2,400

2. $2,400 x 2 months = $4,800

3. Total value of account = $44,800; $4,800 is from interest

Answer Link

Otras preguntas

what is the type of international trade

According to Wallach, what is short-termism, and why is it a problem? What is “longpath” and why did Wallach develop the concept? Briefly discuss e

Mr. Yu applies 12 ounce of fertilizer to every 58 square meter of his lawn. How many ounces of fertilizer does Mr. Yu use per square meter for his lawn

THIS IS MY FIFTH TIME :( Given the following information: f(g) = 3t^2 – 5t +6 f(p) = 7t^2-8t^2-9 Determine f (g) + f(p) in standard form.

How do you say with you in Spanish? Question 7 options: conmigo con yo contigo con tú

The diagram shows how plants and animals exchange gases. What type of gas is represented by Gas X? What type of gas is represented by Gas Y?

Please be quick! I need this as soon as possible!

Which three layers of earth may contain water? And why?

What is the maximum amount of cholesterol a "healthy" snack can contain, according to the FDA? A. 3 mg B. 30 mg C. 60 mg D. 80 mg

a−(a+b)x=(b−a)x−(c+bx), if b≠ 0