99 litres of gasoline oil is poured into a cylindrical drum of 60cm in diameter. How deep is the oil in the drum?
1 answer:
You might be interested in
Answer:
$150
Step-by-step explanation:
Let the account earns 5% APR as simple interest for the invested principal.
Now, the formula of simple interest gives that,
, where A is the final amount, P is the principal amount invested, r is the % of interest and t is the number of years for which the principal is invested.
So, the interest earned will be given by,
Hence, in our case, $300 is invested for 10 years at a simple interest of 5%. So, dollars.
Therefore, the amount of interest earned will be $150. (Answer)