01-06-2017
Mathematics

contestada

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

Respuesta :

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

Please help me with complement or supplement of an angles.

What is kyphosis caused by?

Are you a Dog or a Cat person

I WILL GIVE BRAINLEIST(I NEED THIS RIGHT OR I HAVE TO START OVER)

Which of the following below is the equation of the quadratic function f(x) with x-intercepts of 0 and -3 for which f(-1)=-2. A. f(x)=-x(x+3), B. f(x)=x(x+3), C

what are the seven features of present constitution of Nepal

The temperature at 1:00 p.m. The temperature at 1:00 p.m. on Tuesday was -13°C. There was an increase of 6º per hour starting at 1:00 p.m. Which of the followin

How was education reformed? during the meiji period after the civil war

Bill drove 605 miles in 11 hours. At the same rate, how many miles would he drive in 5 hours?

Which band is the smallest within the electromagnetic spectrum? A) x-rays B) microwaves C) radio waves D) visible light