How much simple interest is earned on $2000 at 4% interest for 6 months?
1 answer:
Given the formula for simple interest:
l = p * r * t
We can get the amount.
The start amount is $2000. the rate is at 4%. The time is at 6 months.
Using the formula,
l = p * r * t
l = 2000 * 0.04 * 6
l = $480.00
So the simple interest is 480.00
You might be interested in
X is greater than or equal 23
Graph:< ___|_|_|_|_|_|_|_|______>
19 20 21 22 23
closed dot over 23 and line and arrow going to the right
996(7)/(10) should be correct.
Answer:
The algebraic expression you are looking for is:
x^2*9
Answer:
25% of 140 is 35
Step-by-step explanation:
If 35 is 25% then we can multiply it by 4 to get 100%.
35 x 4=140
