Jeremy invested $60,000 earning 6.5% simple interest. How much interest will he earn over 5 years?
1 answer:
Answer:
$19500
Step-by-step explanation:
Interest = PRT/100
Where
P = principal
R = rate
T = time
Given
P = $60000
R = 6.5%
T = 5 yrs
Interest = 60000 x 6.5 x 5 /100
Multiply through
1950000/100
19500
$19500
He will earn $19500 interest over 5 years
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I hope this is right :)
12,007,000 || 210,700,000 || 1,210,707,000
X=92
X+Y=180
Y=180-92
Y=88
Z=Y=88
:)
