ttm13
ttm13 ttm13
  • 01-06-2017
  • Mathematics
contestada

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

Respuesta :

Aliwohaish12
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

Lian and her younger sister Ella are 4 years apart. The sum of their ages is 20. Let l be Lian’s age in years and let e be Ella’s age in years. The system of li
Are their any latin american countries that celebrate thanksgiving?
What did the introduction of the silk into the Mediterranean do for the Abbasid empire
1. What is a good strategy for avoiding tobacco use? Don’t use refusal skills because it will make you seem vulnerable and encourage further peer pressure. Hang
Who said that " blows must decide" who would rule America
With whom did Mark go on his second missionary journey? Peter Paul Barnabas John Silas
Which receptors adapt most slowly? nociceptors pressure receptors touch receptors smell receptors
what is 20+50+20+50+20
50%of alk the cakes Jenny baked that week were party cakes 1/5 were fruit cakes,and the remainder were sponge cakes what percentage of cakes were sponge cakes
-2w plus 3 >_-29 help me please now