edengrove123
edengrove123 edengrove123
  • 01-05-2021
  • Mathematics
contestada

Cindi deposited $300 at 7.5% simple interest rate. How much interest will she earn after 5 years?

Respuesta :

melodyellison
melodyellison melodyellison
  • 01-05-2021

Answer:

$431

Step-by-step explanation:

using the formula P(1+r/100)^n,

we can substitute the P with $300,

substitute the r with 7.5%,

and substitute the n with 5.

Answer Link

Otras preguntas

lucy starts 4miles from home and jogs away from home at 6mph for 20minutes. draw this statement on the diagram for me please.
9 in 7 in Surface Area = 12 in 11 in 19 in
expand and simplify x(4x-2)+x(5x+6)
Frederick Taylor believed that workers are primarily motivated by money or economic gain, and advocated an incentive pay system to motivate employees. Frederick
The recipe makes 12 miffins. You need 36.
The sum of first 6 terms of an ap is 42. the ratio of its 11th term to its 33th term is 1: 3. calculate the first term of an ap. 9=2
What is the temperature of the triple-point of water on an absolute scale whose unit interval size is equal to that of the fahrenheit scale?
How is Saul and Vine's relationship different after he returns for good?
WILL GIVE BRAINLIEST FOR QUICK ANSWERS!! I RATE WELL FOR GOOD ANSWERS!!
-6+4x= -9 solve the following equation