shawn14102
shawn14102 shawn14102
  • 02-11-2018
  • Mathematics
contestada

How much simple interest is earned on $2500 in 6 years at an annual interest rate of 2.25

Respuesta :

bendover1108 bendover1108
  • 05-11-2018

$2,500x2.25%=$56.25

$56.25x6years= $337.50

$2,500+$337.50=$2,837.50

Answer Link

Otras preguntas

You have a loan outstanding. It requires making five annual payments of $ 2 comma 000 each at the end of the next five years. Your bank has offered to restructu
Empathy is the ability to make someone feel differently than what they should? .... true or False​
how would an increase in vehicle registration fees affect government income​
was the proclamation of 1763 enforced strongly?​
Read the example sentence and study the chart of word parts. The doctor sent Malina to a convalescent home after surgery for her injury. What is the definition
What is the GCF of 42 and 48 24. 48. 1=24. 1=48. 2=48. 2=96.
Why are there so many overseas workers in the uae
What are the pros and cons of using Nitrous Oxide in a vehicle?
What are some characteristics of development
A manager (who happens to be a white Anglo) is responsible for hiring personnel in her department. She is accurate 95% of the time in assessing the qualificatio