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ozzi
3 years ago
9

calculate the interest would I earn on $500 at 6% simple interest if you made no withdrawals or deposits for three years

Mathematics
1 answer:
Alecsey [184]3 years ago
7 0
I = PRT
I = 500(0.06)(3)
I = 30(3)
I = $90
I = Interest  P = Principle  R = Rate Of Interest  T = Time (Years)
You will earn $90 in simple interest.
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dusya [7]
<h3>Answer: Monthly Payment = $12,083.34</h3>

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Explanation:

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i = (1,500,000)*(0.03)*(15)

i = 675,000

The amount of interest you need to pay is $675,000

The total amount to pay back is 1,500,000+675,000 = 2,175,000 dollars.

Divide this over 180 months (since 15 years = 15*12 = 180 months) to get

(2,175,000)/180 = 12,083.3333333333

This rounds up to the nearest cent to get 12,083.34

I rounded up to make sure to clear the hurdle. Note how

180*(12,083.33) = 2,174,999.4

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2 years ago
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2 years ago
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ANTONII [103]

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Answer:

Please check the explanation.

Step-by-step explanation:

Given the function

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We know that the domain of the function is the set of input or arguments for which the function is real and defined.  

In other words,  

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Now, determine non-negative values for radicals so that we can sort out the domain values for which the function can be defined.

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