Anhboy0312 Anhboy0312
  • 22-02-2021
  • Mathematics
contestada

Determine the simple interest when: principal: $205,435 interest rate: 2.8%, time: 15 year

Respuesta :

ADVENTUROUSBOY
ADVENTUROUSBOY ADVENTUROUSBOY
  • 23-02-2021

$86282.7

Step-by-step explanation:

principle (p) = $205,435

rate (r) = 2.8%

time (t) = 15 years

simple interest = (p × r × t) ÷ 100

= (205,435 × 2.8 × 15) ÷ 100

= 8,628,270 ÷ 100

= 86282.7

MARK ME AS BRAINLIST

PLZ FOLLOW ME

Answer Link

Otras preguntas

How do you do a negative power?
(Physical Science) Which group of metals includes elements with one valence electron? (1 point)A. alkaline earth metalsB. rare earth metalsC. alkali metalsD. tr
What happens if a tribe stays in one place ?
What is the base and exponent of x^5
hhhhhhhhhhhhhhhhhhhhhhhhelp me
why couldn't more dollars be printed during the Depression?
Help me in math please this is my last question btw
Help Pls! A pile of 15 boxes is 3 metres high. What is the depth of each box?​
5/6(3/5x + 12y) - 1/4(2x - 12y)
A baseball player had a batting average of 0.334 for the season. Write this numbwr in expanded form​