nicholasmccrossin nicholasmccrossin
  • 04-01-2021
  • Mathematics
contestada

Find the interest due on $1,090 at 8% for 5 years.

Respuesta :

shantanudover shantanudover
  • 04-01-2021

Answer:

$1601.57, $511,57 more intrest

Step-by-step explanation:

1,090*1.08^5

= 1601.5676

Round up to get 1601.57

Answer Link
taedreamiee
taedreamiee taedreamiee
  • 04-01-2021

Interest = Principal × rate × time/100

=> 1090×8×5

= 43,600/100

=> $436

Hope it helps!

Answer Link

Otras preguntas

WHAT COULD HAPPEN IN THE BODY IF PROTEINS OR ENZYMES LOST THEIR CONFORMATIONS OR WERE DENATURED?
What served as the basic building blocks of African society?1: feudal contracts2: lineage groups3: slaves4: camel caravans
write the value of the dijit 5 in 657
plz helpp with this french hw!
2x+8=22 how do I figure out the answer to problem 2x+8=22 ?
Sam evaluated the expression x2y for x = 7 and y = 9. He got a value of 49. Which of the following statements is correct
what are two determining factors in how organisms are classified into kingdoms
Tim solved a system of linear equations. He found that an infinite number of points satisfied the system. What do you know for certain is true about the two lin
373 of 500 in fractions and decimal
florence has only $420 in her hank account. describe how to find the amount after she writes a check for $590