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

John's property in Richland County, OH is in the shape of a trapezoid with the dimensions shown below. 40 m 20 m 56 m - What is the area of John's property? A.

WILL GIVE BRAINLIEST IF ANSWERED FAST!!!

expand and simplify x(4x-2)+x(5x+6)

Carbohydrates that have calories, but are low in nutrients are called what

WILL GIVE BRAINLIEST IF ANSWERED FAST!!!

Do the numbers 2.7,3.6,and 4.5 form a pythagorean triple?

Sino ang mas malawak ang kapangyarihan sa sistemang monarkiya

When 7 is subtracted from a certain number and the result is multiplied by 2, the final number is 18. What is the original number?

Where do rats give birth

lisa borrows $18 000 over 5 years from the bank. The loan is charged at 8.4% p.a. simple interest. Find the total amount owing at the end of 5 years. (2 marks)