brendancarney703
brendancarney703 brendancarney703
  • 03-12-2020
  • Mathematics
contestada

Maria Invests $600 in a bank account that earns simple interest. She earns $30 at the end of 12 months . Janae invest $350 at the same rate of interest for 12 months​

Respuesta :

DorelleMarie DorelleMarie
  • 03-12-2020

Answer:

Interest = $1.75

Step-by-step explanation:

Maria invest $600, and receives interest of $30 per year

We know that PRT/100= INTEREST

R=( 100*INTEREST)/(PT)

R = (100*30)/(600*1)

R= 3000/600

R= 5%

Jane invest $350 at Sam rate with Maria , that is 5% , for a year, her interest

Interest= 350*5*1/100

Interest = $1.75

Answer Link

Otras preguntas

¿ A quién vas a dar la llaves de la habitación? A. Los boy a dar la llaves de la habitación B. Las got a dar las llaves de la habitación C. Les boy a dar las l
what was the greek civilization
How do we know if or not a preposition is being used metaphorically. ​
how many countries did britain colonise​
Solve the inequality -8<3y-20<52
SOLVE THE EQUATION BY COMPLETING THE SQUARE!!!!! HELPPPPPPPPPP!!!!!!!!!!!
A King in ancient times agreed to reward the inventor of chess with one grain of wheat on the first of the 64 squares of a chess board. On the second square the
i was asked to write an essay about my department in french..my department is international studies.. please help me.​
What is an example to prove that free press is important​
Triangle ADB is similar to Triangle EDC. Find CB.​