How much does a $90 investment earn in interest at a yearly rate of 15% over the course of 1 year?
1 answer:
Answer:
$13.50
Step-by-step explanation:
You can use the simple interest formula here: I(interest)=P(principal amount)r(interest rate)t(years). I=Prt. So just plug in the numbers. I=90x.15x1=13.5
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Answer:
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Step-by-step explanation:
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4
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