mackenzieg457
mackenzieg457 mackenzieg457
  • 22-11-2021
  • Mathematics
contestada

i= ?
p= 7000
r= 2.45%
t= 7 years

Respuesta :

agucate999
agucate999 agucate999
  • 22-11-2021

Answer:

1200.5

Step-by-step explanation:

Interest Rate = (Simple Interest × 100)/(Principal × Time).

I= 7000(.0245)(7)

I=1200.5

Answer Link
s1m1
s1m1 s1m1
  • 22-11-2021

Answer:

1,200.5

Step-by-step explanation:

Simple interest is

I = Prt,

where I is the interest earn after t years, P is the initial money , r is the rate

I = 7000*.0245*7 = 1,200.5

1,200.5 is the interest after 7 years

Answer Link

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