churchilldean789
churchilldean789 churchilldean789
  • 03-02-2022
  • Mathematics
contestada

Kunio puts $3,300.00 into savings bonds that pay a simple interest rate of 2.5%. How much money will the bonds be worth at the end of 5 years? Must dhow work plz hurry

Respuesta :

micahpapoutsis
micahpapoutsis micahpapoutsis
  • 03-02-2022

Hence bond will be worth $ 3712.5

Answer Link
fieryanswererft
fieryanswererft fieryanswererft
  • 03-02-2022

Answer:

the bonds be worth $3712.5 at the end of 5 years

Explanation:

[tex]Simple Interest: \frac{ Principal * Interest Rate * Time}{100}[/tex]

Simple interest : ($3,300 * 2.5% * 5 )/100

Simple interest : $412.5

∵Total money she has worth: ( $412.5 +  $3,300 ) = $3712.5

Answer Link

Otras preguntas

which of these would be a typical aesthetic impact of a piece of gothic writing? a. contentment b. hope c. terror d. inspiration
Whats this two paragraph mainly about?
why should we fight ignorance
two t-shirt cost $18 and $25. What is the total cost of the shirt?
Which of these sentences is true about genetic variation? A. mutations always carry out beneficial genetic variations in an organism B. mutations always carry o
What are the unknowns in this problem? A problem states: "There are 9 more pencils than pens in a container. There are 25 writing utensils in the container in a
why is biological classification important
compare/contrast independent and dependent variables.
what is the square root of 8 and why?
advice the youth on the importance of safety on road use