uddinnaseem686 uddinnaseem686
  • 01-02-2021
  • Mathematics
contestada

Principal: $35000
Rate: 2%
Time: 6 Years
What is the simple interest made?

Respuesta :

Naseeem88
Naseeem88 Naseeem88
  • 01-02-2021

Answer:

$4200

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 35000 × 0.02 × 6 = 4200

I = $ 4,200.00

The simple interest accumulated

on a principal of $ 35,000.00

at a rate of 2% per year

for 6 years is $ 4,200.00.

Answer Link
Diamonds667 Diamonds667
  • 02-02-2021

Answer:

I’m thinking $4200

Step-by-step explanation:

Because 35k at 2% for 6 years will get you that

Answer Link

Otras preguntas

Find the volume of the cylinder
How many Valence electrons does a neutral atom of xenon have?
Complete the following statement. The______, the thickened wall of the uterus, is the structure that furnishes nutrients to embryo through the______.
Example 3A gas has a volume of 500 cm3 at 27°C and a pressure of 60 cm mercury.Calculate the volume if the temperature is increased to 127°C pressure remainingc
writea to the editor about the problem causedby garbage, throw here.​
When did George Washington die?
hey guys i don't have much but this is urgent pls :(
Secondary sources are used in an essay to? A. give historical context to the topic. B. report or comment on a primary source. C. act as an additional primary
A runner of 60kg accelerates at 2.0 m/s at the start of race calculate the force provided from her legs
Helooo can some one help me please