kferna9173 kferna9173
  • 01-04-2021
  • Mathematics
contestada

Rosa invests $2300 in the bank at a 7% interest for 9 years. What is the simple interest?

Respuesta :

petersondori
petersondori petersondori
  • 01-04-2021
7% of 2300 = 161 x 9 = 1449
Answer Link
nolakyle13
nolakyle13 nolakyle13
  • 01-04-2021

WARNING - I wasn't told whether if it was annual or monthly contributions so this might not be correct.

Answer:

$1449.00

Step-by-step explanation:

I = 2300 × 0.07 × 9 = 1449

I = $ 1,449.00

Answer Link

Otras preguntas

number 6 please i need help this formula may help y=mx+b
how is the volume of the cone related to the volume of the cylinder
Can you solve this equation 13m-22=9m-6
is 14.5% equivalent to the decimal 14.5
4) Using complete sentences, explain how to find the average rate of change for f(x) from x = 4 to x = 7.
The $199.99 game console Amy purchased was on sale for 10% off. What amount did Amy get off the price?
do you think a single issue party could be widely accepted in the United States
What type of crop plantations proved to provide slaves with the worst living conditions?
what did karl marx believe was the solution to the injustice and inequality of the bourgeoisies exploitation of the proletarians regarding the means of producti
What is 5/8 equal to