kferna9173 kferna9173
  • 01-04-2021
  • Mathematics
contestada

Rosa invests $2300 in the bank at a 7% interest for 9 years. What is the simple interest?

Respuesta :

petersondori
petersondori petersondori
  • 01-04-2021
7% of 2300 = 161 x 9 = 1449
Answer Link
nolakyle13
nolakyle13 nolakyle13
  • 01-04-2021

WARNING - I wasn't told whether if it was annual or monthly contributions so this might not be correct.

Answer:

$1449.00

Step-by-step explanation:

I = 2300 × 0.07 × 9 = 1449

I = $ 1,449.00

Answer Link

Otras preguntas

Find an equivalent ratio for 22/55 and then write the proportion
conversation between Hitler and gandhi
The number of waves that pass a particular point in a unit of time is called the __________ of the waves. (a) rarefaction (b) compression (c) amplitude (d) freq
what time is 9 hours and 30 minutes before. 4:25
other name for blood
A history quiz consists of five true-false questions. If you guess on each question, then the probability of answering all five questions correctly is approxima
if you live 35 miles from work & drive 35 mph how long would it take to get there
The Radius of a sphere is 5 feet. find the area of the great circle of this sphere
Which of the following rivers is the world's busiest waterway ?
The process by which rocks are broken down into smaller fragments by the atmosphere and other factors in the environment is called?