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

if the law forbids the sale of something above a certain price that price is called
Ferns get oxygen from what?
if f(x)+=1/2 2- 4x, what is the value of f(8)? a) 0 b)-28 c) 96 d) 32 pd: 1/2 is times 1/2 no is 1/22
What were some of the problems caused by rapid industrialization?
The Mediterranean basin countries: Spain, Portugal, Italy, Greece, Turkey, Tunisia and Morocco, produce 90% of the world's olive oil supply. What is the most
Mr. Evans is paid $9.20 per hour for the first 40 hours he works in a week. He is paid 1.5 times that rate for each hour he works after that. Last week Mr. Evan
What are disadvantages and advantages of parallel circuits
Within a table, the intersection of a row and a column creates a(n) ____. What goes in the blank?
find the fractional part of 3/5 of 20
9 divided by 841 remainder form?