raizagisselle4956 raizagisselle4956

22-10-2018
Mathematics

contestada

Find the simple interest earned on a $500 investment for 8 months, if the interest rate is 10%

Respuesta :

altavistard altavistard

26-10-2018

Answer:

$33.33

Step-by-step explanation:

Use the formula i = prt, where p is the principal, r is the interest rate as a decimal fraction and t is the elapsed time in years.

Here, i = $500*(0.10)*(2/3 year) = $33.33

Answer Link

Otras preguntas

Which list best describes what should be worn by students in a biology lab where pouring chemicals into beakers is involved? a long-sleeved shirt, safety glasse

Why do you think ritual and celebrations are an important part of all religions?

What is the purpose of the consumer price index? a. To determine the amount of tax revenues the government will collect b. To encourage employers to hire more w

why were colonists angered by britains new colonial tax laws

what is 567/9 long division

search engines enable you to

Why do you think the governments of the United States and other countries encouraged people on the home front to organize programs for such activities as scrap

If you want to insert a column into an existing table, what would you do?

The qualities of a hero brave fights for a cause leads others takes risks opposes injustice Which item should be a supporting point of level 2? a. fights for a

An alloy is made up of 240 grams Nickel and 320 grams Copper. Find the ratio of nickel to copper.