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
kow [346]
3 years ago
13

Sharla invests $275 in a simple interest bearing account for 16 years. The annual interest rate is 8%. Using the simple interest

formula, I=Prt, how much interest will Sharla's initial investment earn over the 16 year period?
History
2 answers:
Harrizon [31]3 years ago
5 0
I = Prt

I: interest earned
P: principle (initial invested amount)
r: rate (percentage)
t: time in years (duration)

Most often, when letters are side-by-side this means they are all factors of each other. If something is a factor of another, then multiply them. So, 275 times 8% or 8/100 or 0.08 times 16 years is equal to $352. With this total subtract $275 from $352. The interest earned is equal to $77.

$275 * 0.08 * 16 yrs = $352
$352 - $275 = $77
I = $77

This may seem confusing when saying aloud in order of the equation, "Interest equals $352". The total is $352, the interest earned is equal to $77. Conventions and platitudes are often erroneous.
Luba_88 [7]3 years ago
3 0

Answer

$352

Step By Step Explanation

You might be interested in
Dorime<br> Interimo ayapare, dorime<br> Ameno, ameno<br> Latire, latiremo
Ganezh [65]
It is intermino ADAPARE
4 0
2 years ago
Which statement best describes the republican form of government that the Founding Fathers envisioned?.
riadik2000 [5.3K]
The Founding Fathers envisioned a government made by the people, for the people, that left as much power as possible up to the individual states, to avoid condensed federal power.
4 0
3 years ago
What did these have in common? House of Burgesses Mayflower Compact New England town meetings
Nesterboy [21]
They were both in the same city built the same time and done the same time
3 0
3 years ago
Which of the following statements best describes the central idea of the text?
fredd [130]
The answer to this question is A
3 0
3 years ago
What were two early forms of representative governments in colonial America
user100 [1]

Answer:

The Virginia House of Burgessess, The Mayflower Compact.

Explanation:

could be wrong

8 0
3 years ago
Other questions:
  • In the early years of World War I, which of the following demonstrated the US government’s commitment to winning public support
    13·2 answers
  • Ancient China, unlike most of the other ancient societies studied so far, created Group of answer choices believed in the notion
    11·1 answer
  • When people from one section of the country promote their needs and ignore the needs of another section of the country it’s call
    8·1 answer
  • How did Justinian's Code have an impact beyond the Byzantine empire?
    12·1 answer
  • What two spy cases increased fear of communism in the united states?
    14·2 answers
  • Which of the following was a cause of the French and Indian War?
    13·1 answer
  • О
    9·1 answer
  • The mode for 2,2,2,4,4,5,5,5,7,7,15,17
    11·1 answer
  • How has the quality of the food we eat changed since the agricultural revolution?
    8·2 answers
  • Examples to start an essay
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!