stephaniesille5 stephaniesille5
  • 11-03-2021
  • Mathematics
contestada

If $6,000 is invested for 5 years with a 3.5% yearly interest rate, what is the amount of simple interest earned?

Respuesta :

feyii
feyii feyii
  • 11-03-2021

Answer:

1,050

Step-by-step explanation:

Simple Interest = Principle×Rate×Time/100

=6,000×5×3.5/100

=1,050

Answer Link

Otras preguntas

When you whisper, you produce a 10-dB sound. a. When you speak quietly, your voice sounds twice as loud as a whisper. How many decibels is this? b. When you spe
Do you underline or put book titles in quotations?
7 qt. 2c. =______ c.
If a rock is sitting in the dirt, the normal force from the ground and BLANK are acting on it plz help
If 2x^2 + 6x = 36, what are the possible values of x ?
Four things that were damaged ween mount etna erupted were
Four things that were damaged ween mount etna erupted were
A sailboat has a mast that holds a triangular sail.The sail has a base of twelve meters and a height of nine meters. The cost of the sail is $15 per square mete
An engineer in India (standard household voltage = 220 volts) is designing a transformer for use on her upcoming trip to Canada (standard household voltage = 12
Gina charges $28 for 3 hours of lessons. Hector charges $18 for 2 hours of lessons. Who offers a better deal????