Deon invests $15,000 in a savings account that pays 3% simple interest. How much will be in the account after 4 years if Deon makes no withdrawals or deposits to the account?

Answers

Answer 1

Answer:

$16,800

Step-by-step explanation:

The amount that would be in the account = amount deposited + interest earned on deposit

interest earned on deposit can be determined by determining the simple interest

Simple interest = principal x time x interest rate

principal = the amount deposited = $15,000

Time = the duration of the deposit = 4 years

interest rate = the percentage on deposit that would be earned = 3%

15,000 x 0.03 x 4 = $1,800

The amount that would be in the account = $15,000 + $1800 = $16,800


Related Questions

what is the solution
y=-4x+20 y=2x-22

Answers

Answer: x=7 y=-8

Step-by-step explanation:

Solve (3x-4)-(5x-3) and simplify the answer!

Answers

Answer:

-2x-1

Step-by-step explanation:

(3x-4)-(5x-3)

Distribute the minus sign

3x-4-5x+3

Combine like terms

3x-5x  -4+3

-2x-1

Congruent Triangles will mark brainiest with thorough explanation.

AAS
SAS
ASA
Can't Determine

Answers

ASA

Angle-Side-Angle

AAS is the same but the order in different.

SAS is a no because there are no two S.

Can't determine bah! You can determine.

PLEASE BRAINLIEST

Answer:

The markings are different.

SAS and ASA would work, as you can count the sides and angles respectively, however, the markings are different, so I am not sure.

Actually I was wrong. Please give the other person credit.

. A clothing store offers a 30% discount on all items at the store. If the original price of a sweater is $40, how much will you pay for the sweater at the discounted price?

Answers

Answer:

I don't know i just want some points but to be honest i think you have to divide 40 by 30 then multiply by 100.

Step-by-step explanation:

hope this helps but try and work it out.

5x^2-44x+130=-30+16x

Answers

Answer:

if its answer for x its

Step-by-step explanation:

=4

=8

5x²-44x + 130 = -30 + 16x

5x²-44x + 130 + 30 - 16x = 0

5x² -60x + 160 = 0

devide by 5

x² - 12x + 32 = 0

(x-4) (x-8) = 0

x-4 = 0 then x = 4

x-8 = 0 then x = 8


so x=4 and x=8

Kip took out a loan for $750. He earned $60 in interest and his interest
rate was 4%. How long did he take to repay the loan?
1 year
2 years
2.5 years
3 years

Answers

9514 1404 393

Answer:

  (b)  2 years

Step-by-step explanation:

The interest formula is ...

  I = Prt . . . . interest rate r on principal P for t years

We can fill in the known values and solve for t.

  60 = 750·0.04·t

  60/30 = t = 2

The loan was repaid in 2 years.

The Bigtown football team outscored its opponents 5:2 last season. If their opponents scored 38 points, how many points did Big Town score? (Hint: Bigtown is first in the ratio)

Answers

Answer:

95 points

Step-by-step explanation:

Let P = Big Town's points

5/2 = P/38

2P = 190

P = 95 points

1. The change in the population of fruit flies can be modeled by the equation f(t) = 3(1.50), where
t is time in days. Which statement describes the change in population of fruit flies?
a. 1.50% decrease daily
c. 50% increase daily
b. 1.50% increase daily
d. 50% decrease daily

Answers

The answer is c they increase daily

Which expression is equivalent to (8m + 6) + (3m - 2) ?

Answers

Answer:

(11m-4)

Step-by-step explanation:

8m+3m=11m

6-2=4

The answer to the question is 11m+4

How pure is 16-karat gold?

Answers

Answer:

here

Step-by-step explanation:

16 karat gold is 16 parts gold to 8 parts other material for a pure gold percentage of 67%.

Answer:

About 67% because karats are on a scale of 1-24 with 24 being pure gold,

so 16/24.

If x is a rational number and y-2/3

which statement describes the sum of x and y?

Answers

Answer:

to be honest I dont know I'm not that good at math....

Answer:

The answer is (A) The sum of x and y is a rational number.

Please help me, its due in a few minutes. There are multiple slides!
Not trying to be picky but please answer all if able to!

Answers

Answer:b

Step-by-step explanation:

Answer:

1- B

2- D

3- ?

4- B

5- ?

Solve the absolute value equation:
|x| -7=-3

Answers

Divide by -7. This gives you |x|=the answer. Then split it into two equations like
x= the answer but positive
x= the answer but negative
Then solve both of your equations for x to get the two answers.

Answer:

Step-by-step explanation:

-3+7=4

x=4

Which of the following is NOT a solution for the inequality below? Please look at the picture

Answers

Hello Vanessa. I will be contacting your school for cheating.

Which equation has a zero slope and y-intercept of -2?
Question 3 options:

a) y = x + 2

b) y = 2

c) y = -2x + 0

d) y = -2

Answers

Answer:

It is D

Step-by-step explanation:

35,651,000,000 in to scientific notation

Answers

3.5651 × 10 to the tenth power


Two angles are complementary. The measure of angle W is four times the
measure of angle N plus 10 degrees. What is the measure of angle N?

Answers

W=4N+10
N+4N+10=90
5N=80
N=80/5=16

image down below thx

Answers

Answer: I thinks its B

Step-by-step explanation:

The answer is b
As 66/6 is 11
And the sign doesn’t change

someone please solve

Answers

Answer:

B

Step-by-step explanation:

Radius is half of diameter so r is 36

[tex]4/3\pi r^3[/tex] is volume of sphere

using 3.14 as pi you get 195,333.12 cubic cm

(07.01)What is the value of x in the equation 8 + x = 3?
-5
5
11
24

Answers

Answer:

-5

Step-by-step explanation:

11 because you add 8 and 3 do eleven and x

What is the solution to the system of equations?
x = -4y
3x + 2y = 20

Answers

Answer:

(x, y) = (8, -2)

Step-by-step explanation:

Substitute:

3(-4y) + 2y = 20

-12y + 2y = 20

-10y = 20

y = -2

x = -4(-2) = 8

answer asap! will give brainliest, question in pic!

Answers

Answer:

Im 95% sure that it is most likely the first one.

Step-by-step explanation:

Please helpppp :< here is 25 points

Answers

Answer:

function b

Step-by-step explanation:

When its asking for which function has a greater rate of change its asking for which slope has a greater value

the slope is calculated by change in y over change in x

for function a, as y goes up 2 x goes up 1

so the slope ( rate of change) is 2/1

for function b is y goes up 3 x goes up 1

so the slope (rate of change) is 3/1

3/1 is greater than 2/1 so function b has a greater rate of change

Complete the equation of the line whose slope is -5/3
and y-intercept is (0, -2).

Answers

Answer:

these are tough,   it takes a lot of practice to get used to these, sooo

Step-by-step explanation:

we know the slope, m= -5/3,   and we're given a point so use the point slope formula

y= mx + b

the point we are given is in this form  (x,y)

then plug the information into our point slope formula

y = (-5/3) x  + (-2)

y = -5x/3 -2

Plz help
What decimal is equivalent to 21/25

Answers

It’s not step by step on how to figure it out but 0.84 is equivalent to 21/25

Michelle’s mom is letting her paint her room pink. What formula would she use to figure out how much paint she needs.

Answers

There’s no picture or anything so try again

Multiply each equation by a number that produces opposite coefficients for x or y 1/3x -2/3 y=7

Answers

Answer:

Attached

Step-by-step explanation:

What is the classification for this polynomial? 5 Click on the correct answer monomial binomial trinomial​

Answers

where is the polynomial?
u can reply to my answer and i’ll help.

what is the disadvantage and advantage​

Answers

Answer:

An advatage is that he has a scholorship to pay most of his college or school, but a disadvantage is that he will need to pay back his student loan.

Step-by-step explanation:

hope this helps :)

Answer:

Step-by-step explanation:

One advantage would be with a student loan he could probably get more money than a scholarship however the disadvantage is he would eventually have to pay that money back in the future. A scholarship would be free money given by a college but he would receive it in small amounts.

The box shown has a volume of 8 cubic inches.
image
If it is a cube, how long does each side measure?

Answers

Answer:

The answer is 2

Step-by-step explanation:

If we use the formula for volume LWH=V. We also take in the fact that a cube has the same measure on every side. and we input 2 for L , W , and H

Which is 2*2*2=8

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