fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire >

John deposits 5000 into an account that pays simple interest at a rate of 6 percent per year. How much interest will he be paid in the first years?

Solution

John deposits 5000 into an account that pays simple interest at a rate of 6 percent per year. How much interest will he be paid in the first years?

Solution

Interest : 300

étapes des solutions

Translate the problem into an equation:

I = 5000 \cdot 0.06 \cdot 1

Simplifier

I = 5000 \cdot 0.06 \cdot 1

Interest : 300

Exemples populaires

The sum of two numbers is 15 and their différence is 1. linear equation Find the future value and interest earned if 8904.56 is invested for 7 years at 6% compounded semiannually Brooke has 7 in an account that earns 10% interest compounded annually.To the nearest cent, how much interest will she earn in 2 years?Tina is 10 years older than Grace. In 4 years time, Tina will be twice as old as Grace. How old are they now.The circonférence of a circle is 20𝜋 inches. What is the area?