Mr. Jones has $410,000 in a retirement account that earns 3.85% simple interest each year. Find the amount of interest earned by this investment if it is in there for 5 years. *

Answers

Answer 1

Answer:

Amount of interest earned = $78,925

Step-by-step explanation:

Given:

Amount deposit = $410,000

Rate of interest = 3.85% = 0.0385

Number of year = 5 year

Find:

Amount of interest earned

Computation:

Using simple interest formula

Amount of interest earned = Amount deposit x Rate of interest  x Number of year

Amount of interest earned = 410,000 x 0.0385 x 5

Amount of interest earned = $78,925


Related Questions

There are 870 people attending a conference.if 8.9% were canda how many people is this

Answers

Answer:

77.43

Step-by-step explanation:

Answer:

77.43 people were canda

Step-by-step explanation:

To find 8.9% of 870, we first turn 8.9% into a decimal. We can do this by shifting the decimal point two places to the left. This gives us 0.089. Now, we multiply this decimal by 870. Our product, 77.43, is our final answer.

help me pleaseee. I don’t understand why this wrong so it would be great if you could help?

Answers

Answer:

-4x + 5y = 40

Step-by-step explanation:

- move the expression to the left, so you want to get y - 4/5x = 8

-  multiply both sides so you get 5y - 4x = 40

- reorder the terms so you get -4x + 5y = 40

personally, I would change the signs afterwards to get 4x - 5y = -40, but the last thing I wrote was what was shown in that picture you sent. hope this helped :)

Plz help this is due today i would have done it myself but i totally forgot about these so PLZ HELP AND NO LINKS AND NO GROSS PICTURES OR I REPORT.

Answers

Answer:

A,B,D

Step-by-step explanation:

3. *
1 point
3. What is the solution to this equation?
45.98 = 18.78 + 2x
64.76
32.38
27.2
13.6

Answers

Answer:

the answer is 13.6

Step-by-step explanation:

minus 18.78 on both sides

then divide by 2

I need help if right I will mark you

Answers

Answer:

B

Step-by-step explanation:

explain how sandbars in the ocean are formed.

Answers

Answer:

Sandbars begin forming underwater. As waves break, this pulls material from the shoreline, migrating further into the ocean. During heavy storms, large waves can build sandbars far from shore, until they rise above the water's surface.

Step-by-step explanation:

Water brings sand and other sediment to the surface and creates a strip of land that lays between water.

plz crown

Sean earns $8.50 per hour and made a total of $80.75 today. How many hours did he work?

Answers

Answer: 9.5 hours

In order to solve this, you must divide his total (80.75) by his hourly wage (8.50) When you do that, you get 9.5, so he worked 9.5 hours

Step-by-step explanation:

What is the average rate of change between coordinate points (4, 7) and (6, 10) ?

Answers

Answer: 2/3

Step-by-step explanation:

Rise over run shows it on average goes up 2 and over 3. 2 on top for rise, 3 on bottom for run. Hope it helps! Don't click on shady links

Mrs. Bell wrote the expanded form of a number, as shown. 5 × 100 + 4 × 10 + 6 × 1 + 2 × (1___ 10)+ 8 × (1____ 1000)What is the number written in standard form?

Answers

Answer:

the question is worded incorrectly, but I believe the answer is 8566.

Step-by-step explanation:

Find the 59th term of the arithmetic sequence 26, 17, 8, ...

Answers

58x9= 522
26 - 522 = -496

Answer:

-496

Step-by-step explanation:

it's right :)

A football team scored 16 points, which was 12 fewer points than their opponents scored. How many points, y, did their opponents score? *
1 point
y = 24
y = 28
y = 4
y = 18
NEED HELP!!! 10 PIONTS

Answers

Answer:

Y = 28

Step-by-step explanation:

Y=16 + 12 = 24

Therefore the y scored 24 points

Find (-5)(-2)(5)( - 1)(-4)

Answers

200. Multiply all starting from left to right
Answer: 200

Step:
(-5)(-2)=10
10(5)=50
50(-1)=-50
(-50)(-4)=200

What’s the answer to this

Answers

Answer:

p=$65 per day so how many days? you multiply 65 by how ever many days that there is so

Step-by-step explanation:

p=$65 per day so how many days? you multiply 65 by how ever many days that there is so  that would be your answer

5). Find the surface area.
3.6 yd
7 yd
3 yd
2 yd

Answers

15.6 . hope this helps

Under his cell phone plan, Justin pays a flat cost of $56 per month and $5 per
gigabyte. He wants to keep his bill under $65 per month. Write and solve an
inequality which can be used to determine x, the number of gigabytes Justin can use
while staying within his budget.
>
Inequality:
.
Submit Answer
attempt 1 out of 2
I need this answered as soon as possible it’s worth 100 points

Answers

Answer:

Step-by-step explanation:

The inequality Equation =

42 + 5x < 60

To stay within her budget of less than $60 she must use less than 3.6 Gigabytes

Step-by-step explanation:

Under her cell phone plan, Brooklyn pays a flat cost of $42 per month and $5 per gigabyte. She wants to keep her bill under $60 per month.

Let the number of gigabytes = x

Under $60 means less than $60

The inequality =

$42 + $5×x < $60

42 + 5x < 60

Solving for x

42 + 5x < 60

5x < 60 - 42

5x < 18

x < 18/5

x < 3.6 Giga bytes

Hence, to stay within her budget of less than $60 she must use less than 3.6 Gigabytes

Nico practiced the drums for 1.5 fewer hours than he practiced the piano. If nico practiced for 4 hours, how many hours did he practice the drums

Answers

Answer: I think it might be 3.5 hours

Step-by-step explanation: 4 - 1.5 = 3.5

I'm not 100% sure but hope this helps!

Rose plans to have two children but doesn't know if they will be boy-boy, girl-girl, girl-boy, or boy-girl. What is the probability that she will have boy-girl? (1 point)
O 0.5
O 0.75
O 0.25
O 1.00

Answers

I think it is c. .25

Arvida scored 40 points in the first game against Ammons Middle. During the second game Arvida scored 56 points. By what percent did the points scored change

Answers

Answer:

40%

hope this helped :)

40 percent is the answer

Write an equivalent expression for k + k + z + z + z

Answers

Answer:

2k + 3z

Step-by-step explanation:

k + k + z + z + z

2k + 3z

101
Figure ABCD is reflected across the x-axis.
What are the coordinates of A'B'C', and D',
Enter your answer by filling in the boxes.
9
7
5
A'D
2
1
4
B's
C'ad
D'

Answers

Answer:

私は人間の前に神の弓です

翻訳してください

Step-by-step explanation:

2345621874+9863412689

Answers

Answer:

12209034563 will be your answer.

Step-by-step explanation:

just add it.

Answer:

WAT TIME IS IT? IT TIME 2 USE DA CALCULATOR.

12209034563

more info can be giving on usecalculator.com

Step-by-step explanation:

Find the volume of the following figure using unit cubes.

Answers

Answer:

Volume : 94

Step-by-step explanation:

2(4 x 5) = 40

2(3 x 5) = 30

2(3 x 4) = 24

------------------

40 + 30 + 24 = 94

Rotate rectangle CDEF with C{-4.0). D1-1,-1), E(-3,-7), and F(-6,-6) 90° counterclockwise about the origin. What are the coordinates of ΕΡ JU​

Answers

Please do not click red neck cake links. But I do not know. Be advised to NOT click any links!

A triangle has angles measuring 23 and 48 degrees. What is the measure of the third angle?

Answers

Answer:

109

Step-by-step explanation:

Hope this helped :)

Answer: The answer is 48 degrees hope this helped

Step-by-step explanation:

The point at which two sides of a polygon meet is called a(n).
OA) segment
OB) face
OC) edge
OD) vertex

Answers

Answer:

its called a vertex

Step-by-step explanation:

The line segments that form a polygon are called the sides of a polygon.

A point where two sides meet is a vertex.( in plural form is vertices)

Which number line shows the solution to the inequality -4x + 3 < -5

Answers

Answer:x>2

Step-by-step explanation:

4x/4>8/4

how do you find the area of the attached shape?

Answers

Answer:

You would find the area if each individual shape inside the shape and then add all the areas together to get your final product

List all of the factors of 64. (Type the factors in numeric order from smallest to largest. Separate each factor with a comma and a
space after the comma.)
The solution is
I
Submit
Pass
Save and close
Don't know answer
ne web and Windows

Answers

Answer:

{1,2,4,8,16,32,64}

Step-by-step explanation:

1×64=64

2×32=64

4×16=64

y=6x^2-12x-1 minumim function value

Answers

Answer:

(−1,5)

Step-by-step explanation:

hope this helpes

Answer:

Step-by-step explanation:

A line goes through the points (-3,-6) and (6,9). Find the slope

Answers

Answer:

Slope = 5/3

-------------------

m =  5/3

Answer:

5/3

Step-by-step explanation:

Hello, to find the slope from two given points, you use this formula- y2-y1/x2-x1. In this problem, 9 would be y2, -6 would be y1, 6 would be x2, and -3 would be x1. The equation should look like this:

9-(-6)/6-(-3)

Since both are negatives, you would add it like this:

9+6/6+3= 15/9

Now, you need to simplify this fraction which is 5/3.

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