crunksavanah2617 crunksavanah2617
  • 25-03-2021
  • Mathematics
contestada

Mike is going to put his $97 in a savings account. This account earns 4% simple interest. Find the INTEREST EARNED after 5 years.

Respuesta :

printpinkie
printpinkie printpinkie
  • 25-03-2021

$19.4

Step-by-step explanation:

Simple Interest=SI

Principle(deposit)=P(97)

Rate= R(4/100=0.04)

Time= T(5)

SI=P•R•T

SI=97x0.04x5

SI=19.4

Interest earned = $19.4

Answer Link

Otras preguntas

Factor each expression. 17. 5x -25
Which Enlightenment idea is reflected in the Declaration of Independence?
matt is applying for the position of a sales manager
Evaluate the sum of the finite geometric series 4+12+36+108....+972
please help me i'll mark brainliest PLEASE PLEASE!!!!!!!! What was the benefit of the Agricultural Adjustment Administration (AAA) limiting the production of cr
p. John roller skates with a constant speed of 12 miles per hour. How long will he take to travel a distance of 30 miles?
(3a− 3/4 )∙ 1/3 if a= 3/8
The question below refers to the selection "from Beowulf." All of the following are elements of an epic poem except: a. The hero is a great leader beloved by h
The universal genetic language of dna is common to virtually all organisms on earth. True or False
Pls help quadratic equations