jeanakayeeldrid403 jeanakayeeldrid403
  • 04-04-2019
  • Business
contestada

What will be the simple interest earned by investing $1,500 for 5 years, at an interest rate of 10% annuallly?

Respuesta :

MrsSeifried MrsSeifried
  • 05-04-2019

$750

The formula to calculate simple interest is Interest = Principal x Rate x Time.

Interest = 1,500 x 5 x .1

Interest = $750

Answer Link

Otras preguntas

Please help if you can
Lyonell has kept track of his income and expenses for the week in the spreadsheet below. How much did Lyonell spend on theater tickets? A 3-column table with 7
Let the ruling classes tremble at a Communistic revolution. The proletarians [common people] have nothing to lose but their chains. They have a world to win. Wo
How many immigrants came to the US in 1910?
2. What is the distance between the points (2,0) and (-6, 6) on the standard (x, y) coordinate plane? F 27 G 2/13 H 8 10 K 2137
What the energy transformation of an solar panel?
element whose molecule contains one atom is​
Read the lines from Spencer’s Sonnet 75 Which statement best describes how the sonnets convey the idea of mortality
The temperature of an object is A. The average kinetic energy of its atoms and moleculesB. The total potential and kinetic energy of its atoms and molecules C.
what is this one plx pls help k