How much simple interest would be earned on a certificate of deposit worth $2,000 over a period of 5years with an interest rate of 2%?

Answers

Answer 1

Answer:

$200 will be earned on a certificate of deposit worth $2000 over a period of 5 years with an interest rate of 2%

Step-by-step explanation:

Simple interest is applied on a amount as a whole. The interest is calculated for t time period where t is in years.

The simple interest is given by the formula:

[tex]I = Prt[/tex]

Here P is the principal amount, r is the annual rate and t is time in years

Given

P = $2000

t = 5 years

r = 2%

Putting the values in the formula

[tex]I = 2000 * 0.02 * 5 \\I = \$200[/tex]

Hence,

$200 will be earned on a certificate of deposit worth $2000 over a period of 5 years with an interest rate of 2%

Answer 2

Answer:$200

Step-by-step explanation:

Simple interest=(Principle×Rate×Time)/100

=(2000×2×5)/100

=$200


Related Questions

The chart below describes the speed of four cars. Which car is the fastest?

A. Car A
B. Car B
C. Car C
D. Car D

Answers

Car c
The answer is C

Answer: Car C

Step-by-step explanation: r=d/t. 500/10 = 50. 440/8 = 55 525/7 = 75. 585/9 = 65. With this, we can see that Car C is the fastest, travelling 75 mph.

HELP PLZPLZPZLPLZPLZPLZPLZPLZPLZPLZ

Answers

Answer:

c

Step-by-step explanation:

What is another way to write the expression ​r⋅(18−3)​?
A. r⋅18−3
B. (r⋅18)−3
C. (r⋅18)−(r⋅3)
D. (r⋅18)⋅3

Answers

Answer: the is c

Step-by-step explanation:

example

3(x-7)+1

3 multiply anything

3x-21+1

add 1 to -21 equal -20

3x-20

complete the patterns

0, 1, 3, 7, 15, 31, _
0, 1, 1, 2, 3, 5, 8, 13, _

Answers

Answer:

63

21

Step-by-step explanation

The answers would be 63 and 21

NEED HELP
ASAP
WILL GIVE BRAIN

Answers

Answer:

okokpo

Step-by-step explanation:

8 6 11
Step by step: 8 6 11

Can Anyone help me with this please? This is due tommorow and I need help.

Answers

Answer:

ok just add and do what it says ok because im lasy ok

Step-by-step explanation:

Answer: I can’t see can you zoom in the page?

Step-by-step explanation:

Lupe and her friends spent $20 on snack mix and water.They bought x bags of snack mix and y bottles of water.They bought A total of 11 items.The system of equations can be used to determine how many of each item they bought.
20.00=2.50x+1.00y
11=x+y
how many bags of snack mix did they buy?

Answers

Answer:

They bought 6 bags of snack mix and 5 bottles of water

Step-by-step explanation:

2.5x6= 15.00 and 1x5=5

15.00+5 = 20.00

Carly rides her bike 6.8 miles. Ben rides his bike 0.85 times as far as Carly rides hers.

How far does Ben ride his bike? Show you work


Please help

I'll give brainliest if you answer correctly :D.

Answers

Answer:

well i dont know if its multiplication or addition so i will do both

Step-by-step explanation:

MULTIPLICATION  6.8 x 0.85=5.78

ADDITION 6.8+0.85=7.65

pls can i get brainliest

The person is right. It’s 6.8x0.85= 5.78

Solve for X: 9.64 = 2.97 + X

Answers

x = 6.67 because you just simply subtract 2.97 from 9.64
6.67 ! good luck with ur school work !:)

What is the answer to this? Brainlest if you have a step by step.

Answers

Answer:

to what ?

Step-by-step explanation:

step 1

step 2

step3

step 4

Answer:

i dont want to be rude or anything but there is no picture to this question

Step-by-step explanation:

ASAP I WILL GIVE BRAINLIEST

Answers

Answer:

should be 12 miles

Step-by-step explanation:

Answer:

d = 12 miles

Step-by-step explanation:

From the given information, we know that t is for time in minutes. In the question, we were given a value of 30 minutes. We just need to substitute the variable t for the number 30. This will make the equation d = .4*30

This will result in the answer: d = 12

I'll give 10 points:
Match each fraction to its decimal equivalent.

Answers

Step-by-step explanation:

5/11 -> 0.45

7/50 0.14

7/9. 0.7

11/12. 0.916

Answer:

5/11 and 45

7/50 and 0.14

7/9 and 0.7

11/12 and 0.916

Step-by-step explanation:

A helicopter is flying from Hong Kong to Jakarta. The latitude of Jakarta is -6.20°, and its longitude is 106.80°. The latitude of Hong Kong is 22.27°, and its longitude is 114.15°. What is the helicopter’s net change in latitude and longitude as it travels from Hong Kong to Jakarta?

A.-28.47° latitude and 7.35° longitude
B.-28.47° latitude and -7.35° longitude
C.28.47° latitude and -7.35° longitude
D.38.34° latitude and 220.95° longitude
E.-38.34° latitude and 220.95° longitude

Answers

Answer:

D and B

Step-by-step explanation:

Answer:

B.-28.47° latitude and -7.35° longitude

I hope this helps

please help and dont worry this isnt a test

Answers

B because when 9 is divided by 5 it cant be 1

EXPLAIN the difference between (−6) squared and −6 squared

Answers

Answer:

Ones positive and the other ones not

Step-by-step explanation:

(-6)^2= 36

-6^2= -36

-6 squared is negative and (-6) is positive because of parentheses

Can somebody please help me on this !!!

Answers

i think it’s 34.075

Answer:

34.075       For some reason it wouldn't let me answer so I typed it in the comment section. I didn't copy anyone elses answer tho!!

Step-by-step explanation:

I use the flag method, take 40x34 that gives you 1,360. then you take that and add 3 so, 1,363. then you take that back over the 40 so 1,363/40. you divide those bc thats what the line means. so then you get, 34.075

Hope this helps!!!

Can I please have brainliest??

HELPPPPP ASAPPPP I WILL GIVE BRAINLIST

Answers

Answer:

1, 5.8 represents the unit value.  the slope is 5.8 so every time it moves over one vertical line it will go up 5.8 horizontal lines.

Step-by-step explanation:

In an architecture class the students built a scale model of an office building. If the scale is 1 in. = 12 feet and the model is 8 1/2 in. high, how tall would the office building be?

Answers

Answer:

102 feet tall

Step-by-step explanation:

12 multiplied by 8 1/2 to get 102

Answer:

102 feet

Step-by-step explanation:

8.5 (or 8 1/2)*12=102 feet

Pls help thanks you’ll get points

Answers

Answer:

i think e

Step-by-step explanation:

I had to make another question because I am slow, but please answer all FOUR questions and I will report any unnecessary answers or answers just stealing points.

Answers

Answer:

1. slope = 8

2. y-intercept = 20

3. y-intercept

4. slope

Answer:

1. Slope is 8/1.

2. Y-intercept is (0,20)

3. Y-intercept.

4. Slope.

Hope this helps!!!

Please answer this, urgent!

Answers

Answer:

10/12

Step-by-step explanation:

5/6 times 2/2= 10/12 and 12 is 2 more than 10.

Answer:

10/12

Step-by-step explanation:

Merry Christams Eve!
Thanks for always helping me!

Answers

Answer:

Merry xMAS!!!

Step-by-step explanation:

Answer:

Merry Christmas Eve 2 u too

Step-by-step explanation:

There were 3.5 inches of snow on the ground. New snow was reported to be falling at a rate of 2.5 inches per hour. What expression represents the number of inches of snow that should be on the ground after h hours? How many inches of snow should be on the ground after 8 hours?

choices
A. 8 + 3.5 h; 16.75 inches
B. 3.5 + 2.5 h; 23.5 inches
C. 2.5 + 8 h; 30.5 inches
D. (2.5 + 3.5) × h; 48 inches



braineast for firs right real answer

hert and exalent for all

Answers

Answer:

The correct answer is B

Answer:

it would be c i think? bc you would multiply h (number of inches) time 8 (number of hours) plus the already given number 3.5

Pine Hill Middle School has 300 students. In
Zoey's class, two out of five students belong to
a club. Use this ratio to predict how many
students in the school belong to a club.

Answers

120



Step by step explanation

There are 120 students in the school Pine Hill Middle School who belong to a club.

What is a ratio?

A ratio describes a comparison between two or more quantities in simplest form.

Given that Pine Hill Middle School has 300 students.

Also given two out of five students belong to a club.

∴ We can conclude that (2/5)th of the total students belong to the club which is numerically,

= (2/5)×300.

= 120 students.

We can also solve this by ratios if in a total of 5 students 2 students belong to a club that means 3 students doesn't belong to the club and their ratio is 2:3.

∴ The no. of students belonging to the club is 2/(2+3)×300.

= (2/5)×300.

= 120 students belong to the club.

learn more about ratio here :

https://brainly.com/question/13419413

#SPJ1

A loaf of bread costs $2.50 today. The same size loaf cost 20 cents in 1955.
What percentage of today’s price did someone in 1955 pay for bread?
Please answer it correctly do not answer it wrong

Answers

Answer:

They paid 8% of what we pay now

Step-by-step explanation:

Please help- A bakery sells cakes for $18 each and pies for $15 each. Last weekend the bakery sold 118 total items and earned $1,932. How many pies were sold last weekend?

Answers

Answer:

64 pies sold

Step-by-step explanation:

x = number of cakes sold

y = number of pies sold

Last weekend the bakery sold 118 total items

x + y = 118

Last weekend the bakery earned $1,932.

18x + 15y = 1,932.

Get rid of one of the terms, in this case x.

x + y = 118 becomes

18x + 18y = 2124

Subtract the equations from each other

(18x - 18x) + (18y - 15y) = 2124 - 1932

3y = 192

y = 64

Subsititue y into the orginal qeuation to solve for x and check it's right.

x + 64 = 118

x = 118 - 64 = 54

18(54) + 15(64) = 1932

64 pies were sold last weekend

What fraction is equivalent to 3/4 and has a denominator that is two times as great as the numerator and list common denominators.

Answers

6/8
I think the answer they are looking for Is 6/8
6/8 yes because it a fraction in put about the denominator two times in u get 6/8

The table shows the linear relationship between cost, in dollars, y, and tacos purchased, x.

Answers

Answer:

change is 1.30

Step-by-step explanation:

2.60 ÷ 2 = 1.30

3.90 ÷ 3 = 1.30

? ÷ 5 = 1.30

10.40 ÷8 =1.30

?=1.30 × 5 = 6.50

Is the system of equations consistent and independent, consistent and dependent, or inconsistent?


y=4x−4

y=−4x+4


Select the correct answer from the drop-down menu.
consistent and independent
consistent and dependent
inconsistent

Answers

Answer:

b

Step-by-step explanation:

Explain the steps you would take to complete this conversion problem.

Answers

Answer:

It won't let me see the conversion problem. Sorry. I would help if I could.

Step-by-step explanation:

Other Questions
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