AaronLopez17 AaronLopez17
  • 24-05-2017
  • Mathematics
contestada

Ben Snell has $400 in his savings account. His annual interest rate is 4%. How much simple interest did he earn after six months?

Respuesta :

Baileymetschke1 Baileymetschke1
  • 24-05-2017
$400 x .04 x.5 = 8
8+400 = $408.00

Answer Link
snshin444
snshin444 snshin444
  • 24-05-2017
400 times .02= $8.00
4% is a year of interest 2% is six months
take 400 x.02 you come up with 8.00
Answer Link

Otras preguntas

Show two ways five people can share a 3 segment chewy fruit worm
34 divided by what equals 17
State whether either extreme in the data set is an outlier. A. The upper extreme is an outlier. B. The lower extreme is an outlier. C. Both extremes are ou
What is 14 pints equal to in cups?
Micah is buying items for a birthday party. If he wants to have the same amount of each item, what is the least number of packages of cups he needs to buy? (C
Draw a conclusion is the statement below always sometimes or never true give at least two examples to support your reasoning the least common multiple of two nu
Jamaica's class has 24 students. if 1/8 of them play piano, how many students in her class play piano?
This person's performence at the 1936 olympics games made him famous
What is Greece's Northern neighbor?
Look at the equation below. O2 + CS2 → CO2 + SO2 Which of the following shows the equation balanced? A. 3 O2 + CS2 → CO2 + 2 SO2 B. 3 O2 + CS2 → 2 CO2 + SO2 C.