dawsonhafer dawsonhafer

15-06-2017
Mathematics

contestada

if the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year?

Respuesta :

15-06-2017

Principal = 200
interest rate = 4% per annum
term = 1 year

Simple Interest = Principal * interest rate * term
S.I. = 200 * 4% * 1
S.I = 8

Simple interest is $8

Answer Link

steve77 steve77

15-06-2017

Simple interest = [PTR]/100
where P is the principle, T is time and R is rate

Simple interest earned
= [(200)(1)(4)]/100
= $8

Answer Link

Otras preguntas

In a Match 6 Lotto, winning the jackpot requires that you select six different numbers from 1 to 49, and that the same six numbers be drawn in the lottery. The

What kind of device can monitor a connection at the demarc but cannot interpret data? CSU/DSU NID NIU Smart jack

Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when no workers are hired. In additi

How is biodiversity measured?

Find the value of x in the given figure A. x=32.3 B. x=29 C. x=27.7 D. x= 31

Jody is completing a test in which she has to name as many state capitals as she can; Aditi is trying to complete analogies between pairs of abstract diagrams.

A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 15,000 units of output each month. However

HELPP!!! PLEASEx is directly proportional with y. Write an equation that shows the relationship if y=6 and x=1.

Individuals suffering from insomnia disorder have difficulty initiating or maintaining sleep. wake up during their sleep cycle with severe nightmares. do not sl

Which of the following is not one of the major categories of intangibles?(a)Contract-related.(b)Financing-related.(c)Artistic-related.(d)Marketing-related.