Solutions
Integral CalculatorDerivative CalculatorAlgebra CalculatorMatrix CalculatorMore...
Graphing
Line Graph CalculatorExponential Graph CalculatorQuadratic Graph CalculatorSin graph CalculatorMore...
Calculators
BMI CalculatorCompound Interest CalculatorPercentage CalculatorAcceleration CalculatorMore...
Geometry
Pythagorean Theorem CalculatorCircle Area CalculatorIsosceles Triangle CalculatorTriangles CalculatorMore...
Tools
NotebookGroupsCheat SheetsWorksheetsPracticeVerify
en
English
Español
Português
Français
Deutsch
Italiano
Русский
中文(简体)
한국어
日本語
Tiếng Việt
עברית
العربية
Popular Word Problems >

Polly has 50, 000 in a savings account that earns 7% annually.The interest is not compounded.How much interest will she earn in 5 years?

  • Pre Algebra
  • Algebra
  • Pre Calculus
  • Calculus
  • Functions
  • Linear Algebra
  • Trigonometry
  • Statistics
  • Physics
  • Chemistry
  • Finance
  • Economics
  • Conversions

Solution

Pollyhas50,000inasavingsaccountthatearns7%annually.Theinterestisnotcompounded.Howmuchinterestwillsheearnin5years?

Solution

Interest:17500
Solution steps
Translate the problem into an equation:I=50000⋅0.07⋅5
Simplify I=50000⋅0.07⋅5
Interest:17500

Popular Examples

A storm is moving toward your house at a speed of 20(km)/(hr). it is now 60km away from your house in what time will the storm reach your houseRaymond puts 700.00 into an account to use for school expenses. The account earns 5% interest, compounded monthly. How much will be in the account after 10 years? Round to nearest centthe greater of 2 numbers is 7 times the lesser number. 3 times the greater number is 7 more that 4 times the lesser number. what are the 2 numbers?A birthday celebration meal is 46.80 including​ tax, but not the tip. Find the total cost if a 10 % tip is added to the cost of the meal.a number added to thrice the sum of the number and 4 is 18
Study ToolsAI Math SolverPopular ProblemsWorksheetsStudy GuidesPracticeCheat SheetsCalculatorsGraphing CalculatorGeometry CalculatorVerify Solution
AppsSymbolab App (Android)Graphing Calculator (Android)Practice (Android)Symbolab App (iOS)Graphing Calculator (iOS)Practice (iOS)Chrome ExtensionSymbolab Math Solver API
CompanyAbout SymbolabBlogHelp
LegalPrivacyTermsCookie PolicyCookie SettingsDo Not Sell or Share My Personal InfoCopyright, Community Guidelines, DSA & other Legal ResourcesLearneo Legal Center
Social Media
Symbolab, a Learneo, Inc. business
© Learneo, Inc. 2024