chels6585 chels6585
  • 26-11-2019
  • Mathematics
contestada

How much simple interest is earned if $3,000 is invested at 5% per year for 10 years?

Respuesta :

miskafto
miskafto miskafto
  • 26-11-2019

Answer:

1500

Step-by-step explanation:

3,000 divided by 100=30

30x 5=150

150x 10=1500

Answer Link

Otras preguntas

Which term describes the chromosomal abnormality of having three copies of a single chromosome? haploidy diploidy triploidy tetraploidy.
What are the components needed in order for an experiment to be valid? Identify these components in the following experiment: A scientist is testing a new plant
A drug trial is testing the effectiveness of two drugs. If 50 patients are given Drug A, 20 patients are given Drug B, and 100 patients are given a placebo, wh
Women make up 45% of the world’s workforce. What percentage of these women live in poverty?
what is 15% of $100,000
Charlie has 5 times as many stamps as Ryan. They have 1,608 stamps in all. How many more stamps does Charlie have than Ryan
Janice spent $54 to buy some pairs of pants. Each pair of pants cost the same whole dollar amount. How many pairs of pants could she have bought
Do 3/7 and 7/3 represent the same length on a number line? Explain
3. Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you've arranged beforehand for
Factor Completely 2x²-4x+6