Answer:
$126
Step-by-step explanation:
Given that:
Investment is done as per Simple interest.
Principal = $3000
Time for which the investment is to done = 7 years
Rate of interest = 6%
To find:
Interest earned when the investment matures?
Solution:
Formula for Simple Interest :
![Simple\ Interest = \dfrac{PRT}{100}](https://tex.z-dn.net/?f=Simple%5C%20Interest%20%3D%20%5Cdfrac%7BPRT%7D%7B100%7D)
Where
is the principal amount
is the Rate of Interest
is the time for which the investment is made
Putting the given values:
![Simple\ Interest = \dfrac{3000\times 6\times 7}{100}\\\Rightarrow Simple\ Interest = \dfrac{12600}{100}\\Simple\ Interest = \$126](https://tex.z-dn.net/?f=Simple%5C%20Interest%20%3D%20%5Cdfrac%7B3000%5Ctimes%206%5Ctimes%207%7D%7B100%7D%5C%5C%5CRightarrow%20Simple%5C%20Interest%20%3D%20%5Cdfrac%7B12600%7D%7B100%7D%5C%5CSimple%5C%20Interest%20%3D%20%5C%24126)
Therefore, the answer is:
Interest earned is <em>$126</em>.
Answer:
Step-by-step explanation:
36°
i guess just times them all then divide up by how many numbers you have
Answer: 2/7
Both 44 and 154 have the greatest common factor of 22.
44/22 = 2
154/22 = 7
Answer:
StartRoot StartFraction 1 Over 41 EndFraction EndRoot
Negative StartRoot 41 EndRoot
Negative StartRoot StartFraction 1 Over 41 EndFraction EndRoot
StartRoot 41 EndRoot