01-06-2017
Mathematics

contestada

$30,000 for 15 years at a yearly simple interest rate of 5%

Respuesta :

Aliwohaish12 Aliwohaish12

01-06-2017

Hi there

To find the simple interest earned
Use this formula
I=prt
I interest earned?
P principle 30000
R interest rate 0.05
T time 15 years

So
I=30,000×0.05×15
I=22,500

Hope it helps

Answer Link

Otras preguntas

Atoms of which element contain 25 protons?

4/1=12/3,so 12 cups= quarts

What is the expression in radical form? (5x4y3)^2/5 Enter your answer, in simplest form, in the box.

The longest phase of the cell cycle contain

A declarative sentence with prevaricate and fatality

What is a two step equation that involves multiplication and subtraction includes a negative coefficient and has a solution of x =7

The Declaration of Independence listed 27 injuries that the king of England had inflicted upon the American colonies. Choose one and explain how it fits into th

In each pair of triangles, parts are congruent as marked. Which pair of triangles is congruent by ASA?

What is the chemical formula for tin(IV) phosphate?

identify the vertex of the parabola with the quadratic equation u =6x squared - 72x + 220