Seudónimo Seudónimo
  • 01-06-2017
  • Mathematics
contestada

How much interest will you earn by investing $1200 at a simple interest rate of 2.5% per year for 6 years

Respuesta :

annikad
annikad annikad
  • 01-06-2017
2.5% of 1200 is $30. Because we're not having to calculate compound interest, we can simply multiply 30 by 6 to give $180 in interest after 6 years.
Answer Link

Otras preguntas

Employees at a hardware store are receiving pay raises. Dan's hourly pay rate is increasing from $12 to $14. Kathy's hourly pay rate is increasing from $13 to $
A water tank is filled to its capacity. It has a leak at the bottom through which water leaks at a constant rate. If y represents the amount of water left in th
How do you divide 60 into 3:2
What is the quotient 8 x 4 − 12 x 2 − 16 x 4 x , where x ≠ 0 ?
can someone tell me which two are wrong?
what are some ways you can make a rectangle 10,000 cm squared (I NEED A AWNSER QUICK)​
10 Plz Help Cube Measuring Volume!
write a paragraph about the activites that you mostly do in holidays​
PQ is parallel to RSUse the diagram to findeasure of angle 2​
Simplify three square root of five end root minus two square root of seven end root plus square root of forty five end root minus square root of twenty eight.