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2 years ago

15

Mike is going to put his $97 in a savings account. This account earns 4% simple interest. Find the INTEREST EARNED after 5 years

.

1 answer:

Mars2501 [29]2 years ago

5 0

$19.4

Step-by-step explanation:

Simple Interest=SI

Principle(deposit)=P(97)

Rate= R(4/100=0.04)

Time= T(5)

SI=P•R•T

SI=97x0.04x5

SI=19.4

Interest earned = $19.4

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Leviafan [203]

Hi there! :) :D

Step-by-step explanation:

$SLOPE=\frac{Y_2-Y_1}{X_2-X_1}=\frac{RISE}{RUN}$

$\frac{(-5)-6}{(-5)-(-5)}=\frac{-11}{0}$

<u><em>Undefined.</em></u>

<u><em>Therefore, the slope is -11/0</em></u>

<u><em>Final answer is -11/0</em></u>

Hope this helps!

Thanks!

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