53 116
Assignments Done
97,7%
Successfully Done
In October 2017
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Algebra Question for alia

Question #21510
matt deposited 2,000.00 in a bank. If the rate of simple interest was 10%, what amount of money matt had in the bank after 5 years if he made no withdrawals
Expert's answer
The simple interest of the principal p=2000 and interestrate i=10% for n=5 years is equal to p * i * n = 2000 * 0.1 * 5 = 1000
Hence after 5 years Matt will have in the bank
2000 + 1000 =3000

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question