angiemarshall9676 angiemarshall9676

07-04-2021
Mathematics

contestada

If money in a savings account earned 8% interest per annum, how much nterest would be earned on $150.00 over three years?

Respuesta :

07-04-2021

Answer:

$36

Step-by-step explanation:

Given :

Interest rate, r = 8% = 0.08

Principal, P = 150

Time, t = 3 years

Simple interest = (principal * rate * time)

Simple interest = (150 * 0.08 * 3)

Simple interest = $36

Answer Link

Otras preguntas

What is the most efficient agent of metamorphism?

plz helpA person who wants to increase his or her present weight should consume more calories than they burn increase their caloric output so it is slightly

Find the value of x for which m parallel to n

what makes up premise

Which one of the following foods is the top source of protein chosen by Americans in the United States? A. Milk B. Eggs C. Beef D. Nuts

What is the percentage of 48g of fat out of a 70g allowance

Which statement describes a major advantage of a federal system of government over a unitary system A. it ensures that a country's government cannot become auth

percent notation 3/16

Hallucinations, disorientation and the loss of a sense of time are symptoms of what disorder??

Thirty-five percent of all school-age pedestrians killed in school transportation-related crashes were between the ages of