mckenzielathrem mckenzielathrem
  • 02-03-2020
  • Mathematics
contestada

If $380 is invested for one year at 13% simple interest, how much interest is earned?

Respuesta :

tolaosunrinde
tolaosunrinde tolaosunrinde
  • 02-03-2020

Answer: $49.4

Step-by-step explanation:

Simple interest is calculated thus:

Principal × Rate × Time

Principal= $380

Rate= 13%= 13/100=

Time= 1

Therefore interest earned =380× 0.13×1

=$49.4

Answer Link

Otras preguntas

an ultrasound wave vibrates at 30,000 times a second state the frequency of the wave.
simplify the following expression by combining like terms 6y-23-y+72
What are the Pros and Cons of Men, Children, and poor people in Ancient Rome.
C.summary user: the only safe guide for determining the proper pronunciation of a word is thesaurus friends dictionary context clue
What is the Hinduism sacred building, sacred text, it's festivals/ holidays, things that can happen when you die, and where is it practiced the most in the worl
Why did the French government send Samuel de Champlain to set up a colony in Quebec
Which sentence choice below does NOT use the semicolon correctly? A. I saw the semi-truck rushing towards me; it couldn't stop. B. The semi-truck smashed int
It is MOST accurate to say that body mass index (BMI) provides information about __________.
Help on #6 please!! Chemistry
Why did the peach need to hire an attorney?