nat01mimi nat01mimi
  • 18-02-2020
  • Mathematics
contestada

Julia received a bonus check from her work for $6,000. She is going to deposit the money into her bank account that receives 5% compounded annually.
The amount of interest earned after year 1 is what.

Respuesta :

taraalexis777
taraalexis777 taraalexis777
  • 18-02-2020

Answer:

5% of $6000 = 0.05*6000

Answer Link
PHG
PHG PHG
  • 18-02-2020

Answer:

6300

Step-by-step explanation:

5% is 1.05

6000*1.05 is 6309

Answer Link

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