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4 years ago

Find the simple interest earned after 4 years on $700 at an interest rate of 5.5%.

Mathematics

1 answer:

VMariaS [17]4 years ago

7 0

Answer:

Hey there so this looks harder then it really is. All you need to do is this..

700x5.5%= 38.50

then times that by 4 to get your total over the 4 years.

Simple interest=154

Step-by-step explanation:

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General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets
Parenthesis
Exponents
Multiplication
Division
Addition
Subtraction

Left to Right

Geometry

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