dollydareaN dollydareaN

08-05-2016
Mathematics

contestada

What is the simple interest earned on $7550 at a 3.9% interest rate for 6 years? Round your answer to the nearest cent.

Simple Interest
I = p • r • t

Respuesta :

TheHealingHealer TheHealingHealer

13-05-2016

I'm going to assume the rate, 3.9%, is for one year.

7550 * 3.9 * 6 = $176, 670 is the simple interest earned in 6 years with a rate of 3.9% per year.

Since you have the formula, why don't you do it yourself?

Answer Link

Otras preguntas

Solving a right triangle ‼️ (Round to the nearest tenth) Can someone help me find B,a, and c ❓

help me out please ❤❤❤❤

Pleaseeee helppp!!! Just the first question. 1.) Brenda decides to save her spare change in a jar. The initial amount in the jar, J(0). is $20, and after one w

For each Chief Petty Officer selection board, the maximum quota for each rating and the number of selection possibilities for each panel are established by what

The required retention period for Emerald Card log sheets or scanned images is current tax season plus: A.) Three years B.) Two years C.) Five years D.) Seven y

Stephen currently has 300 songs on his phone. He downloads 25 additional sans per month. His sister Stephanie has 200 songs on her phone and downloads 50 per mo

Which of the following might be a concern for an endurance athlete who has been diagnosed with iron-deficiency anemia? A. Decreased immunity B. Decreased mitoch

Most young children are fearful of bees, even though they have never been stung by one. This best illustrates that fear:

Which of the following lists the number of points at which a circle can intersect a triangle A. 2 and 6 only B. 2, 4 and 6 only C. 1, 2, 3 and 6 only D. 1, 2, 3

What did the North have to offer to African Americans?