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

Which word from this sentence is an academic word? Analyze the passage below and talk about the photographer's use of exposure exposure analyze photographer's

A ___________ makes databases more useful for obtaining information.

What role did cities play in the growing colonial economy of the 1700s?

How do I find the symmetry

The temperature dropped 2°F every hour for six hours what was the total number of degrees the temperature change in the six hours?

how are we affected by international business?

In the diagram, AB = 10 and AC = 2√10. What is the perimeter of △ABC? A. 10 units B. 10 + 2√10 units C. 20 units D. 20 + 2√10 units

To the nearest ten thousand , the population of Vermont was estimated to be about 620,000 in 2008. What might have been the exact population of Vermont in 2008?

Which statement best explains whether Einstein’s idea is a theory or a law? It is a theory because it is a statement of fact that does not include an explanati

To receive a C grade, a student must average more than 77 but less than or equal to 85 . If Ethan received a C in the course and had five grades of 78 , 79