jrogan25 jrogan25

02-04-2021
Mathematics

contestada

What is the simple interest on $40,000 at 6% interest for 2 months?

Respuesta :

jcrawfordg jcrawfordg

02-04-2021

Answer: $4,800

Step-by-step explanation:

(Assuming the interest is calculated monthly)

1. 6% of $40,000 = $2,400

2. $2,400 x 2 months = $4,800

3. Total value of account = $44,800; $4,800 is from interest

Answer Link

Otras preguntas

In 1860 the small towns became a city. true or false

Subtract the following complex numbers: (11-7)-(16-11) A. 5+ 4i OB. 5-18i O C. -5-18i OD. -5+4i

Rahi is pouring concrete to create the foundation of a square deck covering 112 square feet. Which is the best estimate of one side of the deck? Round to the ne

PROJECT: SUMMARIZE IT! The ability to summarize information is a vital component of understanding the information you read in your coursework. To summarize info

In 1860 the small towns became a city. true or false

Roxy's new employer pays employees bimonthly, which is twice a month. She'll earn $30 per hour with the new company. She plans to continue making extra money by

The measure of an angle is 34.6°. What is the measure of its complementary angle?

What element is in period 4, group 12?

The measure of an angle is 34.6°. What is the measure of its complementary angle?

CAN YOU PLES FRIEND ME