maxmobergvux maxmobergvux
  • 01-03-2021
  • Mathematics
contestada

You have deposited 10,000 in an account that gives 2% interest every year. How much have you received in interest after two years?

Respuesta :

arulmalu
arulmalu arulmalu
  • 01-03-2021

Answer:

Amount deposited(P)=  10000

Interest rate    (R) = 2%

year (T)     = 2

Formula

S.I=PRT / 100

S.I = 10000×2×2÷100

S.I =40000÷100

S.I =400

Step-by-step explanation:

Answer Link

Otras preguntas

In a bag, a child has 325 coins worth $19.50. There were three types of coins: pennies, nickels, and dimes. If the bag contained the same number of nickels as d
What is .62 rounded to the nearest tenth?
What is computer hardware servicing?
Need help on french 25points!
Under the Rule of Law, the creators of the law must follow it, but those against it do not have to people who object to the laws can apply for exemptions fr
To go to dance class at 6:45 pm bus, kelly needs 35 minutes to walk home from a friends house, 30 minutes for dinner, and 20 minutes to drive to the class. to m
What are the three main features of a pantomime?
(x-2)-(3x+5) simplify
anybody else eat food?
Mark's Gospel emphasizes service, power, and victory. True False