the correct answer is c 7 feet i hope this helps you out
Janice deposited $750 and a savings account earns 3.5% simple interest.
r = 3.5% = 0.035
I = $750 * 0.035
I = $26.25
Answer:
Janice has earned
D ) $26.25
Answer:
738 x 695 = 512910
795 x 695 = 552525
Step-by-step explanation:
Given:
Principal (P)= $1,000
Rate of interest (R)= 4% = 0.04
Simple interest (I)= $100
To find:
The time for which she deposits $1000 into a savings account at 4% simple interest.
Solution:
The formula for simple interest is
On substituting P=1000, R=0.04 and I=100 in the above formula, we get
Divide both sides by 40.
Therefore, the required time is 2.5 years.