/*! 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} Q. 2.49 Nathaly deposited $12500聽in her... [FREE SOLUTION] | 91影视

91影视

Log out

Learning Materials

Features

Discover

Chapter 2: Q. 2.49 (page 126)

Nathaly deposited $12500in her bank account where it will earn 4% simple interest. How much interest will Nathaly earn in 5 years?

Short Answer

Expert verified

Interest earned by Nathaly in5years =$2500

Step by step solution

01

Step 1. Expression for the simple interest,

Interest = prt

Here, p=Principal amount

r=rate of interest

t=Duration of investment

02

Step 2. Substitute the values in the expression,

From the question,

p=$12500

r=4%

t=5years

Interest = 12500脳0.04脳5

=$2500

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91影视!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Solve the linear equation92m-3-8=4m+7.

The perimeter of a rectangular field is 560 yards. The length is 40 yards more than the width. Find the length and width of the field.

Solve the linear equation12+25-3y=-9y-1-2.

Solve the inequality 25z-13z<115z-35, graph the solution on the number line, and write the solution in interval notation.

The width of the rectangle is 0.7 meters less than the length. The perimeter of a rectangle is 52.6 meters. Find the dimensions of the rectangle.
See all solutions

Recommended explanations on Math Textbooks

Probability and Statistics

Read Explanation

Decision Maths

Read Explanation

Discrete Mathematics

Read Explanation

Geometry

Read Explanation

Statistics

Read Explanation

Theoretical and Mathematical Physics

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.