d4rkg4mingytoyetpj d4rkg4mingytoyetpj
  • 22-03-2018
  • Mathematics
contestada

Carlos makes a deposit of $945 in his bank account. 2 years later, his account balance was $1,030.05. What is the interest rate of his savings account?

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 04-04-2018
The simple interest rate can be found from
.. I = Prt
.. 1030.05 -945.00 = 945*r*2
.. 85.05/(2*945) = r = .045 = 4.5%
Answer Link

Otras preguntas

6. What are the Civil War Amendments?​
find the zero's of the function please help will mark brainliest whoever answer is helpful please help me ​
Imagine that you run an amusement park. You have to hire people to work in your park. What skills or characteristics would you look for? Why?
What are some of the behavioral challenges that prevent people from saving more?
i don’t understand plz help
How should you punctuate a novel's title? ​
20 COINS Cylinder A has radius r and height h as shown in the diagram. Cylinder B has radius 2r and height 2h. How many times greater is the surface area of Cyl
Details should always be listened from most important to least important
Solve. x2 – 5x + 6 = 0 {5, –1} {3, –2} {2, 3} {–2, –3}
which section of the passage most clearly foreshadowing that sasha will run out of gas ?