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

How are scientific processes important in solving problems? Give an example and EXPLAIN how these processes make solving this example problem easier.

4y^2 + 2 =38 Help with work would be greatly appreciated

Answer the question using the verb aller: Où est-ce que tu vas avec ta famille?

summarize the geographical region of Mexico and its connection to cuisine

Please help! I do not understand.

Match the following. 1. alliances associations formed for mutual benefit, especially between countries or organizations 2. armistice a form of government th

-2/21-21/35= What is the answer to this problem someone help me.

If a reader encounters a section of text that he or she does not understand, what is one strategy to use to try to clear up confusion? start over from the

When naming a file to upload into an assignment in blackboard, it is okay to use special characters?

6 oraciones donde sustituyas el pronombre personal o dramática