Michaelponderjr9598go Michaelponderjr9598go

Mathematics

Answered

Luis puts $2,500 into an account that earns 5% interest per year for 3 years. Find the amount of interest earned on the account

Answer :

Samuelonum1go Samuelonum1go

Answer:

$375

Step-by-step explanation:

Given data

Principal= $2500

Rate= 5%

TIme = 3 years

We know that the expression for the simple interest is given as

SI=PRT/100

Substitute

SI= 2500*5*3/100

SI= 37500/100

SI= $375

Answer Link

Go Teaching: Other Questions

Divide. Give The Exact Answer, Written As A Decimal.

Which Bone Connects From The Sternum To The Scapula (top Of The Shoulder)?

Can I Ask Help Guys Please Because I Need To Pass On Time Please O

What Is Utility Software ? Name Any Two Utility Programs. 

Felix Has $100 In The Bank And Writes A Check For $150. He Now Has Dollars. Alina Leaves Her House With $40 In Her Wallet. She Comes Home With $40 In Her Wall

StartFraction 5 Over 6 EndFraction Divided By 10 Which Expression Is Equivalent To Balin’s Expression? StartFraction 10 Over 12 EndFraction Divided By 10 StartF

A Seismic Recording Station Located 4000 Kilometers From The Epicenter Of An Earthquake Received The First P-wave At 7:10:00 P.m. (h:min:s). Other Information T

What Is The Purpose Of A Blank In Spectrophotometry.

Brainliest To Whoever Answers First

What Are The Values That Re Solutions To The Inequality X>-4.

2) 3x - V= -13 y=-5x - 19

How Do Articles IV Through VII Illustrate The Idea Of Federalism?