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

What is a gradual increase in average global temperature called?

What's the difference between acceleration and velicity?

A bakery baked 184 loaves of bread in 4 hours. how many miles and 1 hour

what's the opposite of applaud

how many atoms of hydrogen are present in the reactants and in the products? 6CO2 + 6H2O → C6H12O6 + 6O2

A bank receives 3,450 $100 bills and puts them into stacks of 75 bills each. How many stacks are there?

(3x squared)to the power of -2

germany has a land area of 134,835 square miles and a water area of 3,011square miles .what is the total area of Germany

3. Bursting through the door, the flustered mother mother screamed uncontrollably at the innocent teacher who gave her child an F. Tone:______________________ C

Where does all of the energy in an ecosystem ultimately come from? Please help