jodihouston713 jodihouston713

02-05-2022
Mathematics

contestada

If you invest $1600 at 5% for 3 years, how much simple interest is earned?

Respuesta :

saltedpasta saltedpasta

02-05-2022

5% of 1600 is $80.

You will get $80 added to your account every year for 3 years

You will earn $240 in simple interest.

Answer Link

preyeangalapele preyeangalapele

02-05-2022

Answer:

$240

Step-by-step explanation:

S.I=PRT/100

P=$1600

R=5%

T=3

S.I =1600*5*3/100

S.I=$240

Answer Link

Otras preguntas

Please help! Will mark brainliest

Which of the following pairs of elements would most likely form a covalent bond? A. Sodium and Bromine B. Oxygen and Hydrogen C. Calcium and Oxygen D. Silver

9,573 times 8,797 divided by 10,789

Select the correct answer. In the passage, what is the figurative meaning of the phrase “the waves”? A. emotions B. circumstances C. finances D. destiny

Which formula represents a covalent compound A: NaCl B: CaO C: MgS D: H2O2

Moving sideways on the balls of the feet. A striding B galloping C sliding D skipping

Downwelling is the process that moves cold, dense water from the ocean surface to the sea floor near the polar regions. How can downwelling affect the ocean wat

Can someone pls help me

Trace a drop of blood as it enters the heart, goes through pulmonary circulation, returns to the heart, and goes to body cells. Name each chamber and valve in t

What message does an advertiser send by including a famous singer in an ad?