ginapogones4001 ginapogones4001

23-10-2018
Mathematics

contestada

On a deposit of $50 at a simple interest rate of 9%, how much interest will you earn after 12 years?

Respuesta :

tramserran tramserran

23-10-2018

Answer: $54.00

Step-by-step explanation:

I = Prt

I is interest earned: unknown

P is the principal (amount you invested): 50

r is the rate: 9% = 0.09

t is the length of time: 12

I = 50(0.09)(12)

= 50(1.08)

= 54.00

Answer Link

Otras preguntas

Which is the independent clause in this sentence? Whenever I eat at a restaurant or go out of town, I take my favorite comic books with me to read. Whenever I e

Dorene purchased a chocolate bar in a shape of a triangular prism at the local candy store.If the chocolate bar has a base area of 12 square units and a height

Why does a very strong magnet attract both poles of a weak magnet

pls explain me how to solve this

What is to 3v=v+6? I just in chance this is for homework.

PLEASE ANSWER FAST!!! Which is the more reasonable measurement of the distance between the tracks on a CD: 1.6 ⋅ 10^−3 mm or 1.6 ⋅ 10^3 mm? Justify your answe

how can I solve question number 43?

restricting immigrants from entering the country may be based on what belief

Which of the following are true of the Phaeacians? Select all that apply. 1. They excel all others at wrestling and boxing. 2. They excel all others at dancing

The United States offers foreign aid MOSTLY to a. improve the image of the United States abroad. b. support struggling democracies and countries that are crit