Mathematics, 12.12.2020 17:00, AceGravity

A savings account is set up so that the simple interest earned on the investment is moved into a separate checking account at the end of each year. If an investment of $4,000 accumulates $1,700 of interest in the checking account after 5 years, what is the simple interest rate on the savings account?

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 14:30, Molly05

Atoy company is considering a cube or sphere-shaped container for packaging a new product. the height of the cube would equal the diameter of the sphere . compare the volume to surface area ratios of the containers. which packaging will be more efficient? for a sphere, sa =4πr²

Answers: 1

continue

Mathematics, 21.06.2019 17:30, nurmukhammada

Can someone me with this problem i don't understand i need

Answers: 2

continue

Mathematics, 21.06.2019 18:00, woebrooke11

Me, prove a quadrilateral with vertices g(1,-1), h(5,1), i(4,3) and j(0,1) is a rectangle using the parallelogram method and a rectangle method.

Answers: 3

continue

Mathematics, 21.06.2019 23:30, miko96

Identify the slope an intercept of the following linear equation y = 1/5x - 6 a. slope: 1/5; intercept: -6 b. slope: 5; intercept: -6 c. slope: -1/5; intercept: 6 d. slope: 1/5; intercept: 6

Answers: 2

continue

Do you know the correct answer?

A savings account is set up so that the simple interest earned on the investment is moved into a sep...