2020boyloverowl40y
2020boyloverowl40y 2020boyloverowl40y
  • 15-11-2017
  • Mathematics
contestada

Peter invests $525 at a simple interest rate of 4%. How much interest will he earn after 6 years?

Respuesta :

Moonlark
Moonlark Moonlark
  • 15-11-2017
He will earn $126 in interest.
How did I solve this:
Find the decimal of 4%:
4% = 0.04
Multiply 0.04 times 525:
0.04 x 525 = 21
Multiply $21 times 6 years:
21 x 6 = 126
126 is your correct and finale answer.
Hope this helps! =) 
Answer Link

Otras preguntas

Change from base 10 to the give base
Assume that adults have IQ scores that are normally distributed with a mean of mu equals 100 and a standard deviation sigma equals 15. Find the probability that
Add. Simplify the answer and write as a mixed number if appropriate 4/5+ 3/10+ 1/2 =
At a new exhibit in the Museum of Science, people are asked to choose between 73 or 175 random draws from a machine. The machine is known to have 98 green balls
AWord1 dsconcertina2 centSynonymb eCoor4 simplisticfeesuppressnoticeescapeemain1. dingyabstaincleanforHigiesippantrecuperate90 disorientedا سبانيامنconfused I s
The recipe for Jack's Famous Chili uses 222 teaspoons (\text{t})(t)left parenthesis, t, right parenthesis of red hot chili powder for each cup (\text{c})(c)left
A 12-inch ruler is divided into 48 equal parts. What is the size of each part
How did the Roosevelt Corollary change U.S foreign policy?
I need help fast!!! The resistance of a circuit with a voltage of 10 v and a current of 5 A is _____ ohms.
What is the value of tanD ?