01-06-2017
Mathematics

contestada

$30,000 for 15 years at a yearly simple interest rate of 5%

Respuesta :

Aliwohaish12 Aliwohaish12

01-06-2017

Hi there

To find the simple interest earned
Use this formula
I=prt
I interest earned?
P principle 30000
R interest rate 0.05
T time 15 years

So
I=30,000×0.05×15
I=22,500

Hope it helps

Answer Link

Otras preguntas

if data set a has a larger standard deviation than data set b data set a is less spread out than data set b

How is a niche like a profession. In ecology terms describe your niche

Why do the individual voters have more power in a democracy than they do in an autocracy One ruler knows what is best for the country All the power stays with

what is a disadvantage of the mining industry in Southern and eastern africa

The sum of two numbers is with a ratio of 15:10. Find the larger number.

Which excerpt from The Odyssey best shows that the ancient Greeks greatly valued the idea of home? My home is on the peaked sea-mark of Ithaca under Mount Neio

If we cannot see the whole society what can we see

Withdrawing $ 10 every week from outstanding balance of $400

How can health literacy help people become more productive? A. by helping them stay healthy enough to do well in school . B.by preventing them from engaging in

Social security numbers consist of numeric values. therefore, social security is an example of