ochoasantosamerica ochoasantosamerica
  • 03-11-2020
  • Mathematics
contestada

What interest does $ 48,000 produce, placing at 5% simple annual interest, for 3 years?

Respuesta :

distalulna distalulna
  • 03-11-2020

Answer:

7,200

Step-by-step explanation:

Simply multiply 48,000 by .05, which equals 5%, and multiply that answer by 3, the amount of years.

Answer Link
carinagrossman
carinagrossman carinagrossman
  • 03-11-2020

Answer: 7,200

Step-by-step explanation:

5% of 48000 is 2400 so 3 x 2400 is 7200

Answer Link

Otras preguntas

what is 400 feet in 52.4 seconds
The Antifederalists opposed the ratification of the Constitution because the New Constitution A. divided the nation into North and South. B. didn't expand fede
how many electrons are in an uncharged atom of chromium
how did the boston massacre socially have an impact on americans
Over time, the body needs more and more of a drug to get the high that once came easily. A. True b. False
who became a war hero after the Battle of New Orleans
What is the greatest multiple of 9 that is less then 72
What is the slope of the line that passes through the pair of points? (1, 7), (10, 1) a. –2/3 b. 3/2 c. 2/3 d. –3/2
how do you solve even number between 300 and 400 it is divisible by both 5 and 9 how you solve it
compare Hindu and Buddhist beliefs about reincarnation and how one should live.