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

The digestion of which food group may be affected by an inadequate amount of stomach acid?

i need help finding the answer

Is #4 right? Someone plz help.

Medieval warriors who fought on horseback

Exercise can help prevent heart disease but once you've had a heart attack, it's too late for exercise to help you.

Yom Kippur is also referred to as the day of___________. A. atonement B. prayer C. freedom D. New year

What is the x-intercept in the equation y = 2x - 10? -10 -5 0 5

I NEED HELP QUICKLY. When p is false and q is true, then p or q is ___ true. A. Always B. Sometimes C. Never If p is true and ~ q is false, then p ~ q is ___ fa

Which words does hamlet use to describe the afterlife?

The graph represents the piecewise function?