summer2445 summer2445
  • 22-12-2020
  • Mathematics
contestada

What is the interest for a principal of $3,500 at a simple annual interest rate of
2% over 1 year?

Respuesta :

clarch19
clarch19 clarch19
  • 30-12-2020

Answer:

$70

Step-by-step explanation:

Interest = Principal x Rate x Time

p = 3500

r = .02

t = 1

multiply the above and you get 70

Answer Link

Otras preguntas

a total of $21,000 is invested in two bonds that pay 4% and 7.5% simple interest. The bond with 7.5 % interest rate earned 6 times as much interest. as the bond
Why is it important for teenagers and all citizens to know their rights?
The exchanges found in character interactions tells us a lot about the characters themselves as well as the ____ of the story. A.)Plot B.)Conflict C.)Theme D
what was the primary purpose of southern implementation of black codes
A tennis coach took his team out for lunch and bought 8 hamburgers and 5 fries for $24. The players were still hungry so the coach bought 6 more hamburgers and
can anyone help me out with this graph ?
write the standard form of 6.45 billion?
3x+5=19 how do I solve this problem ???
how did African Americans challenge segregation after world war 2?
How can i factor 27+12