edengrove123
edengrove123 edengrove123
  • 01-05-2021
  • Mathematics
contestada

Cindi deposited $300 at 7.5% simple interest rate. How much interest will she earn after 5 years?

Respuesta :

melodyellison
melodyellison melodyellison
  • 01-05-2021

Answer:

$431

Step-by-step explanation:

using the formula P(1+r/100)^n,

we can substitute the P with $300,

substitute the r with 7.5%,

and substitute the n with 5.

Answer Link

Otras preguntas

please help Evaluate the expression when r = 8.2 and s = –3.7. r – 2s A. –22.94 B. 0.8 C. 4.5 D. 15.6
6.) Which pronoun best completes the sentence? No other girl in the choir can sing as well as __________ . A. they B. her C. me D. she 7.) Which pronoun be
After his paycheck, Mr.Weber's credit card balance was $245.76. His payment was for $75.00. Write and solve an equation to find the amount of his credit card
luke jogged a total of 56.5 miles last week. if luke jogged the same distance,d, each day for 3 days and half that distance on each of the reamaining days, whic
The cause of the sun rising and setting in the sky is the earths rotation . What is the affect
What is x^2+8x-5 in vertex form? Please explain.
how is aluminium foil able to reduce heat loss through the walls of a house
how many peanuts will each person get if 3 people share 1/5 pound of peanuts equally write and solve a division equation to represent the problem
represent the number 1.16 using base ten blocks
solve the equation for C f=9/5c+32