joycirego joycirego
  • 02-04-2019
  • Mathematics
contestada

Find the simple interest on $500 at six percent for one year

Respuesta :

MrsSeifried MrsSeifried
  • 02-04-2019

Answer: $30

Step-by-step explanation: The formula for simple interest is principal x rate x time.

Putting your numbers into the formula, it will look like this:

I = 500 x .06 x 1

I = 30 x 1

I = 30

The interest on $500 for one year is $30.

Answer Link

Otras preguntas

What is the LCM of 40 and 15?
A certain vehicle can travel 483 miles on 14 gallons of gasoline. Determine how many gallons of gasoline this vehicle will need to travel 600 miles. Round to th
4. Which structures are used by the cell for storing and maintaining biological information that will be passed to daughter cells when the cell divides? a. nucl
What is 9/16 closest to 0,1/2, or 1 and why?
Help with 13,14,15 please?? Look at the picture
How is sun related to nuclear, electromagnetic, and heat energy?
What was Sir Walter Raleigh known for? A. He was the first Englishman to live in the Americas. B. He compiled the first English dictionary. C. He designed the s
Read this line from "What to the Slave Is the Fourth of July?" Standing there, identified with the American bondman, making his wrongs mine, I do not hesitate t
How has the airplane changed over time?
Which of the following is true of the Supreme Court's decision in Brown v. Board of Education of Topeka? A. It declared that segregated schools were inherently