rji rji
  • 12-01-2017
  • Mathematics
contestada

how much simple interest is earned on $6000 principal , with an annual interest rate of 3.7% over 5 y years?

simple interest: i=p.r.t

how much simple interest is earned on 6000 principal with an annual interest rate of 37 over 5 y yearssimple interest iprt class=

Respuesta :

dexteright02
dexteright02 dexteright02
  • 12-01-2017
Data:
I = ?
P = $6000
rate = 3.7% = 0.037
t = 5

[tex]I = P*r*t[/tex]
[tex]I = 6000,00*0,037*5[/tex]
[tex]\boxed{I = 1110,00}[/tex]

Answer (C)
simple interest = $1110,00
Answer Link

Otras preguntas

Helen Grey By Christina Georgina Rossetti Because one loves you, Helen Grey, Is that a reason you should pout, And like a March wind veer about, And frown, and
Why are capillaries thin walled?
let f(x)=9x-2 and g(x)=-x+3. find f(g(x)).
Why are capillaries thin walled?
When this car moves forward by 180 cm, each wheel does one full turn. What is the diameter of the wheels to the nearest centimetre?
7.25 times 8 1/2= what?
the difference of two numbers is 11 and their product is 42.find these numbers.
Holly decided to share 1/2 of her share of the pizza with Deb. How much did each of them actually?
Is economic equality an attainable goal?
the difference of two numbers is 11 and their product is 42.find these numbers.