jacmad72 jacmad72
  • 01-05-2016
  • Mathematics
contestada

I = prt (simple interest).
Find the value of I given that p=300, r=0.14, and t=2

Respuesta :

BossLife123
BossLife123 BossLife123
  • 01-05-2016
Hi there, Convert r percent to r a decimal, r=R/100=0.14%/100=0.0014 per year. Now, we have to solve using a equation, the equation is A=300(1+(0.0014*2))=300.84, Therefore, the answer is $300.84
Answer Link
mayberyn
mayberyn mayberyn
  • 01-05-2016
300x0.14=0.42
0.42x2=0.84
Answer Link

Otras preguntas

Why is it that 0^0=1???
Europe is the third most populous continent. Which two continents have larger populations than Europe? A. Africa and Asia B. North America and South America C.
Discuss TWO of the three purposes of the Georgia colony according to the Charter of 1732. You must use complete sentences when writing your response.
Which description best defines health?
How do the basic particles of a compound differ from the basic particles of an element?
y=7.25x what is the proportionality
what is the answer to 2 2/5 × 4 5/6
What percentage of Africa had been colonized by 1870
Restate the question, "how is this central idea developed?"
at the mall, Leona bought a T-shirt and a book for a total of $23. The book cost $12. How much did the T-shirt cost?(a) what is the unknown information?(b) let