menu
Qammunity
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Nicole deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 3 years?
asked
Nov 6, 2024
123k
views
2
votes
Nicole deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 3 years?
Mathematics
college
Phate
asked
by
Phate
7.6k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
2
votes
$750 is the interest amount that she would get from the 3 year term
IBrianCox
answered
Nov 12, 2024
by
IBrianCox
8.2k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Dec 26, 2022
91.5k
views
Nicole deposited $5000 into an account with a 2.4% annual interest rate, compounded monthly. Assuming that no withdrawals are made, how long will it take for the investment to grow to $6500? Do not round
Ovidiu Cristescu
asked
Dec 26, 2022
by
Ovidiu Cristescu
7.9k
points
Mathematics
college
1
answer
4
votes
91.5k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity