hannahlovescats4life hannahlovescats4life

12-12-2020
Mathematics

contestada

Find the balance of the account.

$1600 at 5% for 1 year

This is simple interest btw. I also need a explanation too

Respuesta :

stud181573 stud181573

12-12-2020

Answer:

$1680

Step-by-step explanation:

I = 5%

P = $1600

period = 1 year

$1600 + 15% = $1680

Answer Link

oscar236 oscar236

12-12-2020

Answer:

$1680.

Step-by-step explanation:

The interest for 1 year = 1600 * 5%

= 1600 * 0.05

= $80.

So the new balance = old balance + interest

= 1600 + 80

= $1680.

Answer Link

Otras preguntas

L'heure de récréation.

Please help! Will award brainliest!!

A triangular prism has a height of 9 meters and a triangular base with the following dimensions What is the volume of the prism? Answers: 420m, 432m, 288m 324m

How are viruses different from worms?

A base that ionizes completely in a solvent

A right triangle has one angle that measures 6 degrees. What is the measure of the other acute angle?

An elevator is 25 inches above the ground after 3 seconds. Part A: How many inches per second is this? Hint: DIVIDE inches by seconds. Part B: How many inches a

Due to the Great Depression and the Dust Bowl, what'happened to the lands that farmers owned? A. Farmers were able to sell their lands for a major profit. B. Fa

After WWI, certain Turkish groups want to make Turkey a _____ nation or one that was separated from religion. A. dictator B. Secular C. theocracy D. Neither A n

What formula do I use for this