LzDStoo
LzDStoo LzDStoo
  • 02-03-2016
  • Mathematics
contestada

How much simple interest rate would earn if had $10,000 and you were being paid 5% for 15 months?

Respuesta :

Аноним Аноним
  • 02-03-2016
Here is the interest equation: I=prt
Where I is interest, p is principal, r is rate and t is time(in years).
Substitute with known values.

I= prt
I= 10000(.05)(1 and 1 over 4)
I= 625
Answer: $625 for 15 months.
Answer Link

Otras preguntas

Write the expanded form of 4(1/4a + b - 6).
Solve the equation for y in terms of x. 4x=9−3y
Please asap it’s a quiz need it now check and give me answers!!!!
Taking the media into consideration, what can affect a person's mental health?​
what is the molecular activity of mattern
to write a story of about 200 words entited a person who helped an enemy​
describe and explain the characteristics of the sub polar low pressure belt​
why does gatsby suddenly leave when tom appears at lunch? (A)gatsby and tom do not get along with one another (B)Gatsby is in love with toms wife (C) tom is in
Which two statements describe a mixture?
Click to read 'I Am Offering this Poem," by Jimmy Santiago Baca. Then answer the question. What point is the poet making through the figurative language in the