aziag9898 aziag9898
  • 01-03-2018
  • Mathematics
contestada

How much interest is earned on $269 at 10% for five years?

Respuesta :

Nyny1899
Nyny1899 Nyny1899
  • 01-03-2018
The interest would be $134.50
Answer Link
Kristiania Kristiania
  • 20-08-2018

The simple interest can be calculated using the formula:

[tex] I = \frac{PRT}{100} [/tex]

We are given :

Principal = $269

Rate of interest = 10%

Time = 5 years

Plugging the values in the formula:

[tex] I = \frac{269*10*5}{100} [/tex]

Interest = $134.5


Answer Link

Otras preguntas

Differentiate between compounds and mixtures using the particle model of matter.
CAN SOMEONE HELP ME PLEASE
What is the poem "Sidok" saying about love and friendship?​
Find the value x in the triangle shown below
What similarities were there between the Trail of Tears and the Seminole Wars?
Helppppppppppppppppppp I’ll mark you brainlist don’t respond if you’re going to put something random I will report you :)
thank you if you solve this for me !!
PLEASE ANSWER I NEED HELP!!!!!1!
Which figure represents the image of trapezoid LMNP after a reflection across the x-axis 0 Figure A 0 Figure B 0 Figure C 0 Figure D Answer: A
Ferns have vascular tissue, an adaptation to life on land, but they have an ancestral reproductive trait that tends to limit them to moist habitats. What is it?