ginapogones4001 ginapogones4001
  • 23-10-2018
  • Mathematics
contestada

On a deposit of $50 at a simple interest rate of 9%, how much interest will you earn after 12 years?

Respuesta :

tramserran
tramserran tramserran
  • 23-10-2018

Answer: $54.00

Step-by-step explanation:

I = Prt

I is interest earned: unknown

P is the principal (amount you invested): 50

r is the rate: 9% = 0.09

t is the length of time: 12

I = 50(0.09)(12)

   = 50(1.08)

    = 54.00

Answer Link

Otras preguntas

State and local governments regulate A. Drivers license B. Building permits C. Business license D. All of these
what do we call a number with more than one digit
Help help help me with this it is an emergency for you guys to help me plz ASAP
write an expression to represent. the difference of 8 squeared and a number​
Identify the parent function that can be used to graph the function f(x)= |4|-3
What is the measure of RVE?
4. The Truman Doctrine A. shifted from globalist US foreign policy B. was concerned with containing democracy C. shifted from isolationist US foreign policy D.
what is the best thing for an applicant to do to prepare to write a cover letter
Which percent change represents a percent increase? Original amount = 978 New amount = 118 Percent change = 87% Original amount = 574 New amount = 678 Percent c
coding the sentence the mouse likes cheese