jodihouston713 jodihouston713

02-05-2022
Mathematics

contestada

If you invest $1600 at 5% for 3 years, how much simple interest is earned?

Respuesta :

saltedpasta saltedpasta

02-05-2022

5% of 1600 is $80.

You will get $80 added to your account every year for 3 years

You will earn $240 in simple interest.

Answer Link

preyeangalapele preyeangalapele

02-05-2022

Answer:

$240

Step-by-step explanation:

S.I=PRT/100

P=$1600

R=5%

T=3

S.I =1600*5*3/100

S.I=$240

Answer Link

Otras preguntas

kilo- - 1,000deka- - 10How much larger is a kilo- than a deka-?

help me the area of a rectangular roof of a doghouse is 756 square inches. the length of the roof is 108 inches. how many inches wide is the roof? show the math

1/3(9x+27)-4=1/2(2x+54)

1/7(x+21)=-6 answer ?

three consecutive even integers have a sum of 168. what's the value of the largest integer?

What is square root of 126 + square root of 56 in standard form

If Olivia and Shawn have another child, which of the following genotypes is possible for the child? A. Mm only B. MM only C. MM or mm only D. MM, Mm, or mm

What is two thirds of 120?

the student council president wants to find out the opinion of the students on the issue of school lunch options. The president sends out a survey to a random

Which best describes Germany’s standard invasion strategy at the beginning of World War II?a. Attack with a combination of speed and overwhelming forceb. Intimi