Find the interest due on $1,090 at 8% for 5 years
2 answers:
For this case, we will use the simple interest formula:

Where,
- <em>P: Initial amount
</em>
- <em>R: rate
</em>
- <em>T: time in years
</em>
Therefore, replacing values we have:

Answer:
The simple interest is given by:
$
Simple interest = PRT/100 = 1090 x 8 x 5 / 100 = $436
You might be interested in
Answer:
$ 1.95 per pencil
Step-by-step explanation:
16 - 6.25 = 9.75
9.75 / 5 = 1.95
Answer:
8 months
Step-by-step explanation:
12/3 = 4, 1/3 is 4 so 1/3 + 1/3 = 2/3 or 8


is the final answer :)
Answer:
23
Step-by-step explanation:
if y=8 then you plug it inti the equation
2(8)+7
16+7=23
The true statement will be A.