brucewayne1815 brucewayne1815

24-04-2021
Mathematics

contestada

Katie has $600 in a savings account that earns 5% annually. The interest is not compounded. How much interest will she earn in 1 year ?

Respuesta :

boblepop8 boblepop8

24-04-2021

Answer:

$30

Step-by-step explanation:

The formula for interest is I = Prt

Principal = 600

Rate = 0.05 or 5%

Time: 1 year

600 x 0.05 x 1 = 30

She earned an interest of 30.

Answer Link

Otras preguntas

what is 4 over 9 minus 1 over 12 equal simplified?

what is the difference between dividing 16 by 2 and finding the square root of 16

The equation s x  2 5 can be used to estimate the speed, s, of a car in miles per hour, given the length in feet, x, of the tire marks it leaves on the ground.

what is the difference between dividing 16 by 2 and finding the square root of 16

What is the simplest form for the product 3/5 •25/36 is?

What is the simplest form for the product 3/5 •25/36 is?

what is 4 over 9 minus 1 over 12 equal simplified?

what events happened beforeloyalists left boston and philadelphia?

what is the difference between dividing 16 by 2 and finding the square root of 16

what is the difference between dividing 16 by 2 and finding the square root of 16