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

what effect did the "acts" (Intolerable,Stamp,Tea,etc.) have on the colonies?
PLZZ ANSWER 25PTS IF ITS RIGHTTT a. How many students scored 91? b. How many students scored in the 80s? c. How many more students scored in the 90s than the 60
What is 117.456 rounded to the nearest tenth
Sue solved an equation incorrectly, as shown below: Step 1: 7x = 28 Step 2: x = 28 − 7 Step 3: x = 21 Which statement best explains why Step 2 is incorrect in S
1) Identify the terms and the coefficients of the expression -20+5p-7z
PLEASE HELP ASAP When a substance is boiled, what happens to the mass? The mass increases as it changes from a liquid to a gas. The mass stays constant as it
would an astronomor use x-ray tech.
Phillip and Ryan are saving money for college. Phillip started with $500 in his savings account and saves $25 a week. Ryan started with $250 in his savings acco
Please help I don't know how to do this
If y varies directly as x, what is the value of y in these ordered pairs? (4, 1) and (20, y)