B)24x square units
C)x2 square units
D)6x2 square units
Answer:
Step-by-step explanation:
What is the answer tho
Henry deposits $25,000 into a Big City Bank savings account. The bank charges a simple interest rate of 2.25%. After 5 years, Henry will have $27812.5 in his account.
Given,
P = 25000 r = 2.25%
t = 5
Replace the formula,
F = 25000 + 25000 × ( 2 .25/100) × 5
Calculate the quotient or product:
25000 × (1 + 0.1125)
Simplifying,
25000 × 1.1125
Calculate the quotient or product:
27812.5
Hence, After 5 years, Henry will have $27812.5 in his account.
To learn more about interest rate, refer to:
#SPJ2
Answer:
$27812.5
Step-by-step explanation:
2.25% = $562.5 each year
Answer:
20
Step-by-step explanation:
True
False
Answer:
false
Step-by-step explanation: