I = $ 1,200,000.00
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 1000000 × 0.03 × 40 = 1200000
I = $ 1,200,000.00
The simple interest accumulated
on a principal of $ 1,000,000.00
at a rate of 3% per year
for 40 years is $ 1,200,000.00.
Answer:
the answer is 4328
Step-by-step explanation:
may God bless you and your family during spring break
Answer:
D) the end of a recession.
Step-by-step explanation:
During the recession period, the unemployment rate is high which is indicative of depression and people suffer from financial crises and gross domestic product ...
Answer:
21.b
22.c
Step-by-step explanation:
idk how to explain it lol I did mental math
1. Write down the decimal divided by 1
2. Multiply both top and bottom by 10
3. Simplify the fraction.