Augie's Savings Account Pays Simple Interest

question 18

Short Answer

Augie's savings account pays simple interest. He began with a deposit of $2,000; at the end of one year, he had earned $80 in interest. Find the interest rate on the account.

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Definitions:

Parasympathetic Nervous System

The part of the autonomic nervous system responsible for conserving energy and promoting rest and digest functions, often termed as the "rest and digest" system.

Stimulates Digestion

Refers to factors or substances that enhance the process of breaking down food into absorbable nutrients within the digestive system.

Slows Heartbeat

A decrease in heart rate, which can be influenced by various factors such as relaxation techniques, medications, or physical fitness levels.

Accelerates Heartbeat

Refers to the increase in heart rate, which can occur due to various factors such as physical activity, emotional stress, or medical conditions.