mylescgraw2004 mylescgraw2004
  • 12-10-2019
  • Mathematics
contestada

How much money will you need to deposit to earn $75 and simple interest and six months of your bank pays 5% annually

Respuesta :

trebba2cutepuppies
trebba2cutepuppies trebba2cutepuppies
  • 12-10-2019

Answer:

$250

Step-by-step explanation:

I=Prt

75=P*.05*6

75÷6=P*.05*6 ÷ 6

12.5 ÷ .05=P*.05 ÷.05

$250=P

Answer Link

Otras preguntas

Carlos and Juan are trying to determine which type of soap solution will make the biggest bubbles. They are testing three different bubble solutions. They use
This is 210 dollars more than the static graders, but only 4/5 as much as the stactic graders. For every 60 dollars the teachers plan to raise, the static grade
A boat travels 140 miles downstream in the same amount of time as it travels 92 miles upstream. The speed of the current is 6mph. What is the speed of the boat
What is greater 7/5 or 14/10
How to take care of the acne skin problems?
Sasha hikes into a canyon. She takes a break at the rest stations every 23 of a mile. If she started at sea level and has hiked down to the fourth rest station,
A 58.5 kg sprinter starts a race with an acceleration of 4.40 m/s2. What is the net external force on him? Give the equation used to find the net force on an ob
A movie club charges a one time membership fee ( price to be part of the club) of 30$ which allows (let's)members to buy movie tickets for 8$ each another club
Which of the selections below was one of the major outcomes of Shays’ Rebellion in 1786 and 1787?
What is the aircraft of the day