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maks197457 [2]
3 years ago
6

Find the amount of simple interest earned in one year on an account that has an interest rate of 3.2% and a principal of $250.

Mathematics
1 answer:
Lana71 [14]3 years ago
8 0

Answer:

I=\$8

Step-by-step explanation:

we know that

The simple interest formula is equal to

I=P(rt)

where

I is the Final Interest Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=1\ year\\ P=\$250\\r=3.2\%=3.2/100=0.032

substitute in the formula above

I=250(0.032*1)

I=\$8

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The number of miles that Jose will have left after resting will be 1 1/8 miles.

Total distance to be covered = 2 3/4 miles

Distance traveled = 1 5/8 miles

Therefore, in order to get the distance that's left for Jose to complete his journey, we've to subtract the distance traveled from the total distance and this will be:

= 2 3/4 - 1 5/8

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2 years ago
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UNO [17]

Answer:

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Robbie was given $80 to spend at the Fair. His admission to the park costs $15.50 and each ride cost $5. He anticipates the cost
Ad libitum [116K]

Answer:

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3 years ago
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The solution set for 7q^2-28=0
kherson [118]
7q² - 28 = 0
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