Ask question

Ask question

All categories

3 years ago

14

which equation demonstrates the use of a simple interest formula, , to compute the interest earned on $70 at 3% for 12 years?

1 answer:

erica [24]3 years ago

7 0

Simple interest formula is
I=P*(rt)
P=70
t=12
3%=0.03
r=0.03
I = 70*0.03*12= 25.2

You might be interested in

31 workers are working on a construction site. 5 more workers work for company A than for company B. How many workers work for e

Alona [7]

13 I believe as 31-5=26/2=13 Hope you'll find this helpful

6 0

3 years ago

One gallon of of paint covers about 450 square feet how many square feet will 1.5 gallons cover?

emmasim [6.3K]

1.5 gallons of paint will cover 675 square feet

7 0

3 years ago

Read 2 more answers

Mel drove 230 miles in 4 hours an pia drove 230 miles in 5 hours who drove faster?

babunello [35]

Mel drove faster because they drove the same amount of miles (230) but Mel drove that in 4 hours and pia drove that in 5 hours so in conclusion Mel drove faster

5 0

4 years ago

Jack earns a commission on his sales at Apple. He earns 3.5% on all sales.

PtichkaEL [24]

Answer:

119

Step-by-step explanation:

Commission = Sale amount × Commission percentage

C = 3,400 * 3.50

C = 11900

Move decimal 2 places to the left

C = 119

4 0

3 years ago

Mr. Cutting thought 8 students to come to small groups on Thursday, but

Zolol [24]

Answer:

62.5%

Step-by-step explanation:

im right

8 0

3 years ago