katrinaklabunde1999 katrinaklabunde1999

02-06-2017
Mathematics

contestada

Compute the amount of interest earned in the following simple interest problem. A deposit of $7,000 at 8.5% for 120 days.

Respuesta :

Aliwohaish12 Aliwohaish12

02-06-2017

Hi there
The formula is
I=prt
I interest earned?
P principle 7000
R interest rate 0.085
T time 120/360

I=7,000×0.085×(120÷360)
I=198.33

Hope it helps

Answer Link

Otras preguntas

Using the formula P = I * V, if current (I) is 10A and voltage (V) is 120V, what is the power (P) in watts? a. 1200 watts b. 1.2 kW c. 1000 watts d. 12 kW

Austin is the youngest brother. He likes his hot chocolate with 4 ounces of chocolate syrup and 6 ounces of milk. Whose hot chocolate is more chocolatey, Austin

1. A football is kicked horizontally from a 20m high wall. How long is it before it lands? Take gravity to be 10 m/s*2 and ignore air resistance.2. If its horiz

(If a=b^x, b=c^u and c=a^z, then what is the value of xyz?)

Austin is the youngest brother. He likes his hot chocolate with 4 ounces of chocolate syrup and 6 ounces of milk. Whose hot chocolate is more chocolatey, Austin

Solve the equations and good its for exam practice! f(5)=3(5)-10

How much african country

I need help for this homework please. Thank you !

Two sevenths of the pupils in st. Peter school take a jeepney to school. If 600 people dont take the jeep jeepney, how many pupils are there in st. Peter school

Prepare an art integrated assignment (Chart tabulation of music, costume, region, language association)