HampsterHank
HampsterHank HampsterHank
  • 10-01-2017
  • Mathematics
contestada

Compute the amount of interest earned in the following simple interest problem.

A deposit of $1,600 at 6% for 180 days:

Respuesta :

abdulmjabar
abdulmjabar abdulmjabar
  • 10-01-2017
with 6% is 1,696. for 180 days, $305,280 
Answer Link
apologiabiology
apologiabiology apologiabiology
  • 10-01-2017
I=PRT
I=interest
P=principal
R=rate in decimal
T=time in yaers

365 days per year
t=180/365

given
P=1600
R=6%=0.06
T=180/365

I=1600*0.06*180/365
I=96*180/365
I=47.342

rounds to
Interst=$47.34
Answer Link

Otras preguntas

What times what makes 23
6 ways to add 6 7 & 8
How many models of 100 do you need to model 3,200 explain
write 2 ratios equivalent to 3:11
How to arrange numbers 8.508, 8.58, 7.5, 7.058
How are the terms difference, sum,quotient and product alike?
how do we know that lighthouse have existed for at least 3,000 years
true or false all integers greater than 0 are whole numbers
What is negative 14 minus negative 18
witch property does 21 times 9 equals 9 times 21
good job