TomaszW722323 TomaszW722323
  • 03-11-2022
  • Mathematics
contestada

How much interest is earned on an initial investment of $700 with a 5% annual rate for 2 years? A $700B $350C $70D $35

Respuesta :

CaoimheV589459 CaoimheV589459
  • 03-11-2022

Let's calculate the 5% of $700 using a rule of three:

This way,

[tex]\begin{gathered} x=\frac{700\cdot5}{100} \\ \Rightarrow x=35 \end{gathered}[/tex]

$35 is earned each year, For two years, the earnings would be $70

Answer: C. $70

Ver imagen CaoimheV589459
Answer Link

Otras preguntas

what signs of greatness did lincoln exhibit in his life?????
what percent of 84 is 21
Which freedom did the attorney general of the United States violate during the Red Scare? A. freedom to vote B. freedom of speech C. freedom of religion D. free
what is the vertex for the equation f(x)=3(x+4)^2-5
find the remainder when f(x)=x^3-14x^2+51x-22 is divided by x-7
choose the right word: the out owrn ideas of the past cannot be (rejuvenated or dilated) simply by sxpressing them in snappy mordern slang.
what signs of greatness did lincoln exhibit in his life?????
**PLEASE HELP ME ASAP** 1. Akira earns $8 each day she cares for her neighbor's dog. Write an equation to represent the relationship between the amount of money
Concurrent powers refer to which of the following? A.)powers granted solely to state governments B.)powers granted to the national government C.)powers transfer
What was the northernmost point of Japanese control by December 1942? French Indochina, Hong Kong, Manchuria, or Thailand.