1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alja [10]
3 years ago
8

if the principal is $350 and the interest rate is 3 percent what is the simple interest earned in one year?

Mathematics
2 answers:
Andrej [43]3 years ago
6 0
I = PRT

I = (350)(0.03)(1)
I = 10.50 <==
Elina [12.6K]3 years ago
4 0

Answer: Hence, Simple interest earned in one year is $10.5.

Step-by-step explanation:

Since we have given that

Principal amount = $350

Rate of interest = 3%

Time = 1 year

As we know the formula "Simple Interest ", i.e.

I=\frac{P\times R\times T}{100}\\\\I=\frac{350\times 3\times 1}{100}\\\\I=\$10.5

Hence, Simple interest earned in one year is $10.5.

You might be interested in
PLEASE HELP ME WITH THESE 2 QUESTIONS YOU GUYS, I AM TRYING TO PASS MATH CLASS. PLEASE. please. I AM GIVING 30 PTS FOR THIS. PLE
Bad White [126]

Explicit Formula

Just in case you don't know what this is, the explicit formula is the formula that solves for any term in the series without necessarily knowing what came before the term you are solving.

<em><u>Givens</u></em>

d = t_(n + 1) - t_n  You can take any term and the next term for this part of the formula

d = t_3 - t_2

t_3 = 1

t_2 = -7

d = 1 - - 7 = 8

a = -15

<em><u>Formula</u></em>

t_n = a + (n - 1)*d

t_n = -15 + (n - 1)*8

For example find the 5th term.

t_5 = - 15 + (5 - 1)*8

t_5 = - 15 + 4 *8

t_5 = -15 + 32

t_5 = 17  Which is what you have.

Recursive Formula

Computers really like this formula. They use it in what is called a subroutine and they pass values from one part of the program to a subroutine which evaluates the given and sends the result back. I'm telling you all this so you see why you are doing it. The disadvantage of it for humans is that you must know the preceding term to use the recursive formula.  

<em><u>Formula</u></em>

t_n = t_(n - 1) + d

<em><u>Example</u></em>

t_6 = t_(6 - 1) + d

t_6 = t_5 + 8

t_6 = 17 + 8

t_6 = 25

You can check this by using the explicit formula.

4 0
3 years ago
Read 2 more answers
How do I divide 2 divided 898
nalin [4]
Probably with division
4 0
3 years ago
Read 2 more answers
A city planner is mapping out some new features for a triangle park. She sketches the park on a grid paper. The coordinates of t
Alecsey [184]

Answer:

Perhaps, she is interested in finding the area enclosed by this triangular park.

Step-by-step explanation:

The area of the triangle enclosed by the three points

A(1,1), B(1,4) and C(-3,4) in this question will be given by

|Ax ( By  − Cy)+ Bx(Cy−Ay)+ Cx(Ay− By) |/2  

=|1(4-4)+1(4-1)+-3(1-4)|/2=10/5= 5 sq. units.

5 0
3 years ago
2.6.4 practice algebra 2 you are helping to design a road for a high mountain pass. there are two routes over the pass, but both
lora16 [44]

Answer:

Step-by-step explanation:

8 0
3 years ago
A jewelry prism with a length of 9 inches and a height of 4 1/4 inches. The volume of the jewelry box is 283 1/2 cubic inches. W
masha68 [24]

Answer:

volume = (length × Width × height)

(567/2) = (9×) × (17/4) × (w)

283.5 = 38.25w

w= 7.41inches

4 0
3 years ago
Other questions:
  • Order these number in order to least to greatest using less than or greater than signs
    9·1 answer
  • Do not under stand got confused and need help
    10·1 answer
  • A bacteria population starts at 500 and doubles every 8 hours. What is the bacteria population after 12 hours?
    13·1 answer
  • Pablo purchased adult and youth tickets for the football game. He bought x adult tickets for $74 each and y youth tickets for $3
    12·2 answers
  • Which of the following expressions are equivalent?
    13·1 answer
  • The temperature dropped 3 degrees
    14·1 answer
  • After reading 7/9 of a book, 40 pages are left. Find the total number of pages in the book​
    12·1 answer
  • For which of the following geometric series can the infinite sum be determined? a1 = –0.25, r = –3 a1 = 0.75, r = 4 a1 = 3, r =
    6·1 answer
  • Halp plass halp me plas
    13·2 answers
  • What is the sales tax on a printer priced at $190 if the sales tax rate is 8.7%?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!