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Iteru [2.4K]
3 years ago
11

You take out a loan for $478 at an interest rate of 8% compounded annually for one year,

Mathematics
1 answer:
monitta3 years ago
8 0

Answer:

38.24

Step-by-step explanation:

is the principal amount, $478.00.

r is the interest rate, 8% per year, (decimal form 0.08)

t is the time involved, 1....year

To find the simple interest, we multiply

478 × 0.08 × 1

I=P×r×t

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Answer:

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8 0
3 years ago
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Anna35 [415]
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8 0
4 years ago
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Answer:

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4 0
3 years ago
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mylen [45]
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6 0
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Dmitry [639]

Answer:

3/2 cookies

Step-by-step explanation:

3 divided by 2 = 3/2 = 3/2

Hope this helps!

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