moeottallah74466 moeottallah74466
  • 04-04-2020
  • Mathematics
contestada

Find the simple interest earned by each account. $800 principal at 4% interest for 5 years

Respuesta :

Officialalehpeter
Officialalehpeter Officialalehpeter
  • 04-04-2020

Answer:

$160

Step-by-step explanation:

Simple interest=principal×time×rate/100

Principal=$800

Time=5years

Rate=4%

S.I=800×5×4/100

S.I=8×4×5

S.I=160

So the simple interest is $160

Answer Link
abiolatolu90
abiolatolu90 abiolatolu90
  • 04-04-2020

Answer:

The simple interest is $160

Step-by-step explanation:

SSimple Interest SI = PRT/100

where p=principal, r=rate and t=time

p = $800, r = 4% and t = 5 years

SI = (800*4*5)/100

SI = 8*4*5

SI = $160

Answer Link

Otras preguntas

What were the driving forces behind the industrial revolution
Emma uses a 250 meter roll of crepe paper to make streamers. How many dekameters of creme paper does emma use?
Which word has the long e sound? a. client b. inferior c. beautiful d. poetic
the bombing of Hiroshima and Nagasaki resulted in
Where did middle names come from
A recipe call for 2 cups of water for every 5 cups of flour. How many cups of water are needed for 1 cup of flour? A. 2 1/2 cups B. 2 cups C. 1/2 cup D. 2/5 cup
What is the sum of 6/10 plus 7/12
What is the diameter of a circle whose circumference measures 86 26/35? Use pi= 22/7
Express the perimeter of the triangle as a polynomial. 8x+2 5x-4 9x+3
Give a recursive algorithm for finding the sum of the first n odd positive integers.