claudyli2006 claudyli2006
  • 12-09-2021
  • Mathematics
contestada

Calculate the amount to which $30 000 will grow in 4 years if it is invested at 5.6% p.a
a) simple interest

Respuesta :

aboodizneid aboodizneid
  • 12-09-2021

Answer:

simple interest=PRT÷100 where P is the amount invested and R is the rate of growth and T is the time taken. so simple interest=(30000×5.6%×4)÷100=$6720

Answer Link

Otras preguntas

What's breed of given cat???Check attachment
2 ( 4a - 12 ) + 3a = 6a + 1
A light plane flew from its home base to an airport 255 miles away. With a head wind, the trip took 1.7 hours. The return trip with a tail wind took 1.5 h
3 ( 4d + 1 ) - 9d = 6 - 2d
A snowball is launched horizontally from the top of a building at v = 16.9 m/s. If it lands d = 44 meters from the bottom, how high (in m) was the building?
two methods of active transport
on sara's computer, 3/8 of the hard drive is files. Of the files, 1/6 are games . What part of the hard drive is games?
on sara's computer, 3/8 of the hard drive is files. Of the files, 1/6 are games . What part of the hard drive is games?
two methods of active transport
what are three ways water erodes the surface of earth