pina09282001 pina09282001
  • 15-01-2020
  • Mathematics
contestada

If $860 is invested for one year at 13% simple interest, how much interest is earned?

Respuesta :

TheAnimeGirl
TheAnimeGirl TheAnimeGirl
  • 15-01-2020

Hope it will help u........

Ver imagen TheAnimeGirl
Answer Link
Kazeemsodikisola
Kazeemsodikisola Kazeemsodikisola
  • 15-01-2020

Answer:

Simple interest = (principal × rate × year) / 100

Principal is $860

Rate is 13%

Year is 1years

Therefore,

S.I = PRT/100

S.I = 860 × 13 ×1 / 100

S.I = $111.8 QED

Step-by-step explanation:

Answer Link

Otras preguntas

The first Russian leader to use the title "czar" was: A. Ivan the III. B. Catherine the Great. C. Mikhail Romanov. D. Boris Yeltsin.
Which decimal is equivalent to 3.917
What are farts made of?
QUESTION 6 Using a teddy bear to represent childhood would be: an allegory a symbol a scene exposition
i need help pleaseee
What did the 26th Amendment do?
Please help me !! Im so confused
In triangle STU, u2 = s2 + t2. Which equation is true about the measure of the angles of the triangle? The measure of angle STU is equal to 100 degrees The
1. Calculate the empirical formula of a compound that contains 2% hydrogen, 74 % carbon and 24% oxygen.
Considering only ions with charges of +1, +2, -1 and -2, or neutral atoms, give the symbols for 4 species that are isoelectronic with the oxide ion, O2-.