bellaboo0227 bellaboo0227
  • 09-05-2018
  • Mathematics
contestada

Frank invests 250$ at a simple interest rate of 5%. How much interest will he earn after 4 years?

Respuesta :

xholland
xholland xholland
  • 09-05-2018
I got $50 of interest over 4 years

1 year = 250*5% or 1 year = 250*.05
1 year of interest = $12.5

4 years of interest = 12.5*4
4 years of interest = $50
Answer Link

Otras preguntas

what is 363 rounded to the nearest ten and hundred
Which fraction is not equivalent to 7/30? A 35/100, B 28/80, C 21/60, D 14/50
What are three key democratic principles ?
As a salesperson, you are paid $50 per week plus $3 per sale. This week you want your pay to be at least $110. What is the minimum number of sales you must make
how do you know if a number is smaller or bigger
(3b-5)^2-c^2 how do I factor this using grouping?
a musicians hair was originally 3 inches long.She asked her hair dresser to cut 5/6 of it off.How many inches did she have cut off
Which of the number(s) below are potential roots of the function? p(x) = x4 + 22x2 – 16x – 12
what is the least common denominater for 5/6 and 3/8
Each sentence below contains two apostrophes. Which sentence gives an example of an apostrophe used to show possession, as well as one that is used as a contrac