gothicfairy76 gothicfairy76

07-03-2021
Mathematics

contestada

What is the total amount of interest using simple interest given the following: Principal: $20,000 Interest rate: 12% Time: 10 Months

Respuesta :

abidemiokin abidemiokin

12-03-2021

Answer:

Amount = $22000

Step-by-step explanation:

Amount = Principal + Interest

Get the interest

Interest = PRT/100

Interest = 20,000*12*10/12*100

Interest = 200 * 10

Interest = $2000

Amount = $20,000 + $2000

Amount = $22000

Answer Link

Otras preguntas

what is the quotient of 5/6 ÷ 3/4

How do you write 20,484,163 in expanded form? with multiple

How do I classify Earth's layers based on their physical properties

Smallest to largest 60% 0.4 1/2

Which statement best characterizes Renaissance artists and architects such as Leonardo Da Vinci?

_______ Somos de Maimi.

Matthew goes hiking every 12 days and swimming every six days he did both kinds of exercise today how many days from now will you go both hiking and swimming ag

A 120 ft. piece of wood is cut into three pieces. The second piece is twice as long as the first, and the third piece is three times as long as the first piece.

the female reproductive system includes a. the uterus. b. the urethra. c. the scrotum. d. the prostate gland.

there are six minutes of commercials for every 24 minutes of television. How many minutes of commercials are there in one hour and 36 minutes of television?