ryanbarnett09 ryanbarnett09
  • 02-06-2017
  • Mathematics
contestada

Pierre invested $7500 in a savings account with a yearly interest rate of 3% for 14 years. How much simple interest did he earn?

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 02-06-2017
yearly interest return = 7500 x 3% = 7500 x 0.03 = 225

Since it's a simple interest then the amount of total interest will be
14 x 225 =$3150

(This is not asked by the problems. It's just indicatif: the total money will be 7500 + 3150 = $10,650)
Answer Link
rintalaanthony rintalaanthony
  • 08-08-2019

Answer:

3150

Step-by-step explanation:

Apex

Answer Link

Otras preguntas

If cotangent of theta is < 0, in which quadrant(s) could the terminal side of angle theta lie? Q2 and Q4 02 and 03 Q3 only 04 only
I need some help!!! I will try to give brainliest!!!
In space, are fires possible without oxygen? If so how would it happen?
what is the definition of a sheet metal tab?
2. what are the differences between Mitosis and meiosis ​
How is Tybalt a foil to Romeo?
Cómo es estudiado hoy el organismo humano?
You need to produce a set of cylindrical copper wire 3.5 m long that will have a resistance of 0.125 Ω each. What will be the mass of each of these wires? (ρ =
Which point fits the description: the y- coordinate is half the x-coordinate? (0,2) (2,0) (3,6) (6,3)
medical myths in pakistan?​