1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PtichkaEL [24]
1 year ago
13

Ms. drake invests $1000 at a simple interest rate of 8.5% for 2 years. how much interest will she earn in this time?

Mathematics
1 answer:
PilotLPTM [1.2K]1 year ago
7 0

Ms. Drake will earn \$ 170 in this time from the investment of \$ 1000 at a simple interest with rate of interest 8.5\%

<h3>What is the definition of simple interest?</h3>

Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific duration of time. Conversely, for compound interest, where we add the interest of one year's principal to the next year's principal to compute interest, the principal amount under simple interest remains constant.

Formula for finding simple interest is \frac{principal \times rate \ of \ interest \times time}{100}

Given principal of Ms. Drake is \$1000

Rate of interest is 8.5 \%

Time is 2 years.

Interest =\frac{1000 \times 8.5 \times 2}{100}

            =\frac{17000}{100}\\=170

Therefore, Ms. Drake will earn \$ 170 in this time.

To learn more about simple interest from the given link

brainly.com/question/7639734

#SPJ4

You might be interested in
I need help in confused
bixtya [17]
8 divided by 12 is about  .67
the degrres fell .67 in 1 hr
8 0
3 years ago
4.5/18 = x/100 <br> What is x?
USPshnik [31]
Answer:
x=25

Explanation:
Using the method of cross multiplication and division set up like so,
(100•4.5)/18 will give you 25.
4.5•100=450
450/18=25
5 0
3 years ago
Why does3,600 dived by 6 have the same quotient as 1,800 divided by three
sp2606 [1]
Both of the problems equal 600
5 0
3 years ago
Someone help heree plss
Novay_Z [31]

Answer:

a c and g

Step-by-step explanation:

3 0
3 years ago
Can someone answer this question please answer it correctly if it’s correct I will mark you brainliest
vladimir1956 [14]

Answer: 105

Step-by-step explanation: 25 frames is 1 second. The video already played 3 and 2/5 seconds before the player started to count 0, so you can write 3 and 2/5 seconds as an improper fraction. =(5*3)+2 / 5 = 17/5 seconds. Multiply by 25 frame. 17/5 *25 =85 frames. So according to the video counter,after 17/5 seconds,it should count 85 frames.However,at 0 seconds,it indicated a count of 190 frames. then to get the number of frames that were already in count you would subtract 85 frames from the 190 frames.

190-85=105 frames

(Not 100% sure so apologies if I'm wrong)

6 0
3 years ago
Other questions:
  • How many years would it take for a person it the united states to eat 855 pound of apples?
    6·2 answers
  • !!!!!!!!15 POINTS FOR ANSWERING THIS CORRECTLY!!!!!!!!
    12·1 answer
  • Solve for r write the answer in simplified form<br><br> 7 = - 7r
    13·1 answer
  • Question 2 (Multiple Choice Worth 1 points)
    7·2 answers
  • Please help me with this problem and if you can show your work​
    13·1 answer
  • I dont know how to get people to answer but please i really really need help fast im begging anyone
    15·2 answers
  • What is y=-5(x-3)^2+9 in standard form
    11·1 answer
  • Which expression is equivalent to 5 (3+4)?<br> A) 15 + 20<br> B) 15 + 4<br> © 8 + 9<br> D) 15 + 9
    6·2 answers
  • 3600 divided by 1760?
    7·2 answers
  • Given f of x is equal to 2 divided by the quantity x squared plus 3x minus 10 end quantity, which of the following is true?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!