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jolli1 [7]
3 years ago
13

If $380 is invested for one year at 13% simple interest, how much interest is earned?

Mathematics
1 answer:
pashok25 [27]3 years ago
7 0

Answer: $49.4

Step-by-step explanation:

Simple interest is calculated thus:

Principal × Rate × Time

Principal= $380

Rate= 13%= 13/100=

Time= 1

Therefore interest earned =380× 0.13×1

=$49.4

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Answer:

757,576cents

Step-by-step explanation:

Given

Amount = $10000

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n = 1/4 year (compounded quarterly

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Hence he suppose to invest $7575.76 which is equivalent to 7575.76×100 cents i.e 757,576cents

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uysha [10]

Answer:

1/16

Step-by-step explanation:

Given in comment:

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Thus, there are 4 possible answer

Given:

If you spin the spinner twice, what is the probability that the spinner will land on 5 on the first spin and 2 on the second spin?

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