ginapogones4001 ginapogones4001

23-10-2018
Mathematics

contestada

On a deposit of $50 at a simple interest rate of 9%, how much interest will you earn after 12 years?

Respuesta :

tramserran tramserran

23-10-2018

Answer: $54.00

Step-by-step explanation:

I = Prt

I is interest earned: unknown

P is the principal (amount you invested): 50

r is the rate: 9% = 0.09

t is the length of time: 12

I = 50(0.09)(12)

= 50(1.08)

= 54.00

Answer Link

Otras preguntas

Gilleo displayed a large sign on her front lawn that read, “say no to war in the persian gulf, call congress now.” the city of ladue fined her for violating its

In “Letter from Birmingham Jail” Martin Luther King, Jr. writes: “... but we still creep at horse and buggy pace toward gaining a cup of coffee at a lunch count

Explain how you can use place value patterns to describe how 50 and 5000 compare

What is bigger 4/5 or .71

According to Athenian constitution who had the right to vote in Athens

in detail the impact of tobacco had on both the economy and labor force in Virginia as well as the impact of tobacco had on relations with Native Americans?

Why does analyzing character motivation matter

help with the meaning of percent

Where do I put the parentheses so the result matches the answer

How much is a 10% increase on a $30,000 salary