albulenabresaco albulenabresaco
  • 05-02-2021
  • Mathematics
contestada

Jacob has $50,000 in a savings account. The interest rate is 6% per year and is not
compounded. To the nearest cent, how much interest will he earn in 1 year?

Respuesta :

davis1mclauchlin
davis1mclauchlin davis1mclauchlin
  • 05-02-2021
He will earn $3000 in interest in one year. This is because when you find 6 percent of 50000 it is 3000.
Answer Link

Otras preguntas

A real life problem that can describe y=7x-16
Is the square root of 4 a rational number
Which of the following strategies is illegal in the United States and many other countries? A bait and switch advertising B penetration pricing C price fixing
You have been told that a certain house is 164 m2 in area. How much is this in square feet?
How would you find x and y ?
how do i make these ratios equal??
what is the standard form of 30 + 5 + 2/10
In the case of brown v. board of education of topeka, the u.s. supreme court ruled that the policy of segregation in schools was unconstitutional. one result of
The transfer of energy in fluids or gases is: Question 14 options: conduction convection radiation
Can someone help me to answer this