raufmustafa1998 raufmustafa1998

22-01-2017
Mathematics

contestada

Find simple interest on $5,523 principal deposited for seven years at a rate of 4.99%

Respuesta :

apologiabiology apologiabiology

22-01-2017

I=PRT
I=interest
P=initial amount
R=rate in decimal
T=time in years

given
P=5523
R=4.99%=0.0499
T=7

I=(5523)(0.0499)(7)
I=1929.1839
round

$1929.18 interest earned

Answer Link

22-01-2017

Use the formula,

Simple Interest= Principal*Rate*Time/100=5523*7*4.99/100=1929.18$

Answer Link

Otras preguntas

Irene is filling out an application form for the position of an elementary school teacher. While she is filling it out, she comes across a section that asks fo

Is water wet? Seriously

What is the measure of the missing angle in the triangle below? The measure of the missing angle in the triangle is ______ degrees.

Geometry problem in the picture: find the missing side and round to the nearest tenth

Write a paragraph in Spanish explaining your school schedule.

does the gravitational potential energy change when the robin flew to a tree branch

Complétez avec l'adjectif possessif qui convient : 1) Alain fait.......... devoirs (m.pl.) dans... chambre(f.sg.). 2) Luc et ............. soeur vont à Nancy po

After being out with a broken leg, a ___ backlog of assignments had collected in Dave’s desk. voluminous benign fortnight prudent It's fortnight

hich ratio expresses the scale used to create this drawing? The camping site has dimensions of 15 meters by 60 meters.

Here are the answers for this question