27gipon01 27gipon01
  • 03-10-2021
  • Mathematics
contestada

Edward deposited ​$5,500 into a savings account 5 years ago. The simple interest rate is ​%2. How much money did earn in​ interest? What would be new account​ balance?

Respuesta :

bosm93
bosm93 bosm93
  • 03-10-2021

Answer:

6072.444

Step-by-step explanation:

x = 5,500(1+0.02)^5

Answer Link

Otras preguntas

A code is formed using four of these letters: A, B, I, K, N, O, and T. (Note that the order of the letters in the code matters; for example, ABIK is a different
Lena's penny bank is 1/2 full. After she removes 200 pennies, it is 3/10 full. How many pennies can Lena's bank hold?
please i need help this is for tomorow
83333333 as a fraction
Why is a free press important to a democratic society? It is a way for people to learn about government policies. It allows people to express approval or disapp
Which description most clearly defines the mood of the passage?
how does the y-intercept play a role in graphing a line?
with the challenges that the united states faced in this period do you feel was the most serious
Why is acid rain a major biological concern?
How to use the distributive property to express 24 36?