Gideon2908 Gideon2908

02-03-2021
Mathematics

contestada

Jack has $20 in his savings account that earns 10% annually.The interest is not compound.How much will he have in 1 year?

Respuesta :

samuelonum1 samuelonum1

04-03-2021

Answer:

$22

Step-by-step explanation:

Given data

Principa= $20

rate= 10%

time= 1 year

The simple interest expression is given as

A= P(1+rt)

substitute

A= 20(1+0.1*1)

A= 20*1.1

A= $22

Hence the amount after 1 year is $22

Answer Link

Otras preguntas

In the figure to the right, ABCD is rectangle. Find the area of △ABC, if the area of △AOD is 10.

Please help! (Number 11)

The Department of Education would be MOST likely to address which of these situations? A) building parks B) officer training C) teacher certification D) co

Bruce bought 4 3/4 lbs of ground turkey to make turkey burgers to grill at a barbecue. How many 1/4 lb burgers can make? 19 , 20, or 21

when you throw a ball the motion of the ball is an example of chemical energy nuclear energy mechanical energy

Solve for z. z^2+15z+14=0

Which country has operated as an independent country since world war ii but is claimed by china as a province?

What does the following quote from "The Cask of Amontillado" reveal about the relationship between Montresor and his servants? I had told them that I should not

Most of the life of a cell is spent in a period of growth called_____

All fossil fuels contain this element.