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Sonja [21]
3 years ago
9

Diane deposits $7000 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in t

he first 3 years?​
Mathematics
2 answers:
Mars2501 [29]3 years ago
8 0

Answer:

1,260

Step-by-step explanation:

6x3=18 7000÷18=1,260

IRINA_888 [86]3 years ago
3 0

Answer:

18% or 1260$

Step-by-step explanation:

first u find 6% of 7000 then you multiply it by 3 for those three years .

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<em><u>Solution:</u></em>

Given that we have to find the product and write it in lowest term

Given expression is:

\frac{7}{54} \times \frac{27}{35}

Let us first find common factors of numerator and denominator so, thet simplification becomes easier

54 = 27 \times 3\\\\35 = 7 \times 5

Substituting these in above expression, we get

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Cancel the common factors in numerator and denominator

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In decimal form, we get

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Thus the product of given expression is \frac{1}{15} \text{ or } 0.0667

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