A bank is offering 5.5% simple interest on a savings account. If you deposit $15000, how much interest will you earn in six year? What is this question asking for?

What Kinda Interest?

a. $4,950

b. The question is asking us to calculate the simple interest that would be earned on the deposited amount for the given number of years at the given interest rate

c. Simple interest

Step-by-step explanation:

a. We want to calculate the amount of interest to be earned in six years

To calculate this, we use the formula for simple interest.

Mathematically;

Simple interest I = PRT/100

Where P is the principal which is the amount deposited = $15,000

R is the rate which is 5.5%

T is the time which is 6 years

Substituting these values in the simple interest formula, we have

I = (15,000 * 5.5 * 6)/100 = $4,950

b. The question is asking us to calculate the simple interest that would be earned on the deposited amount for the given number of years at the given interest rate

c. Simple interest

depends on how many days you are talking about

step-by-step explanation:

-3

step-by-step explanation:

a drawing really does here:

so i draw the horizontal line y=2 and the vertical line x=-2 at this intersection i put b (this is where my right angle is going to be).   so point b is at (-2,2).   point a is 5 units long and is also on y=2 so this point has to be (3,2) or (-7,2) -doesn't matter i will go with (3,2).

now we know c is at (-2,y) we don't know the y yet bet we know that c is on x=-2.

we have the area of the triangle is .5bh=12.5

we know the base length is 5 (ab)

we have the height is (2-y) if you look at your

plug in

.5(5)(2-y)=12.5

solve for y to get the y-coordinate for c

2.5(2-y)=12.5

divide both sides by 2.5 giving:

2-y=5

now subtract 2 on both sides

-y=3

y=-3