michaelponderjr9598 michaelponderjr9598

08-04-2021
Mathematics

contestada

Luis puts $2,500 into an account that earns 5% interest per year for 3 years. Find the amount of interest earned on the account

Respuesta :

samuelonum1 samuelonum1

12-04-2021

Answer:

$375

Step-by-step explanation:

Given data

Principal= $2500

Rate= 5%

TIme = 3 years

We know that the expression for the simple interest is given as

SI=PRT/100

Substitute

SI= 2500*5*3/100

SI= 37500/100

SI= $375

Answer Link

Otras preguntas

5. Lila flies a drone in the direction of 90 degrees towards Avery. Once she gets to Avery she changes course and flies in the direction of 200 degrees toward

Brin was making a bird house for the chickadees. How much birdseed will it take to fill the birdhouse? 80 cm3 240 cm3 320 cm3 400 cm3

what factors determine whether people turn out to vote in u.s. elections?

A direct variation function contains the points (-8,-6) and (12, 9). Which equation represents the function? y=-* y=-x y = x O y = fx

If the herbivore population in an ecosystem increased, what would most likely happen to the size of the carnivore population?

Someone tell me the answer because I ran out of ads

g The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took the customers in the sample to check out was 3.1

What is true about the force between charges? Check all that apply. A. Like charges repel each other. B. Like charges attract each other. ] C. Opposite charges

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of the kits next quarter at a pric

4 3 2+ 1 1 2 -3 - 2 -1 1 -2+ -3+ What is the slope of the line?