Chapter 2: Q. 147 (page 130)
Casey deposited $1,450 in a bank account that earned simple interest at an interest rate of 4%. How much interest was earned in two years?
Short Answer
Interest earned in 2 years is $116.
/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none}
Learning Materials
Features
Discover
Chapter 2: Q. 147 (page 130)
Casey deposited $1,450 in a bank account that earned simple interest at an interest rate of 4%. How much interest was earned in two years?
Interest earned in 2 years is $116.
All the tools & learning materials you need for study success - in one app.
Get started for free
In the following exercises, find (a) the amount of the mark-up and (b) the list price.
Tom paid $0.60 a pound for tomatoes to sell at his produce store. He added a 33% mark-up. What price did he charge his customers for the tomatoes?`
The sum of two numbers is negative eighteen. One number is forty more than the other. Find the numbers.
Solve the inequality, graph the solution on the number line and write the solution in the interval notation.
Solve the inequality, graph the solution on the number line, and write the solution in interval notation .
A rectangular parking lot has perimeter 250 feet. The length is five feet more than twice the width. Find the length and width of the parking lot.
What do you think about this solution?
We value your feedback to improve our textbook solutions.