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
how did the social context of the mid 19th century influence the creation of the fourteenth amendment
defon

The Fourteenth Amendment to the Constitution of the United States ('XIV Amendment') is one of the post-Civil War amendments, and includes, among others, the Due Process Clause and the Equal Protection Clause. It was proposed on June 13, 1866, and ratified on July 9, 1868.

The amendment provides a broad definition of national citizenship, which overrides the decision of Dred Scott v. Sandford (1857), who had excluded slaves and their descendants, from possessing constitutional rights. It requires states to provide equal protection before the law to all persons (not just citizens) within their jurisdictions. The importance of the Fourteenth Amendment was exemplified when it was interpreted to prohibit racial segregation in public schools in the Brown v. Case. Board of Education.

5 0
3 years ago
Which sentence best describes the relationship between the Minoans and Mycenaeans?
aivan3 [116]

C would be correct.

The Mycenaean civilization flourished in the late Bronze Age, from the 15th to the 13th century BCE and extended its influence not only throughout the Peloponnese in Greece but also across the Aegean, in particular, on Crete and the Cycladic islands.The Mycenaeans were influenced by the earlier Minoan civilization ( ...

Mark as brainliest,

Thank me,

Sincerely Lauralit1,

5 0
3 years ago
Read 2 more answers
most farmers who lived in the west depended on _____ to carry their wheat, cotton, and tabacco to the market
pentagon [3]

Answer:

freight trains i think

6 0
3 years ago
Read 2 more answers
What happened to Jacob Leisler when he questioned the authority of the New York governor appointed by King William III?
Misha Larkins [42]

Answer:

He was executed

Explanation:

5 0
3 years ago
What country of south asia has the highest per capita international tourism receipts?
DaniilM [7]
Singapore is the Southeast Asian country that <span>has the highest per capita international tourism receipts.</span>
8 0
3 years ago
Other questions:
  • Which european countries held land in north america in 1750?
    13·1 answer
  • Politics are best defined as
    15·2 answers
  • Describe the important role that priests played in the Mayan culture. What were some of their duties?
    7·1 answer
  • Which statement describes an impact of the collapse of the Western Roman Empire on Europe?
    6·2 answers
  • Which of the following was part of the assimilation attempt by the U.S. government?
    11·2 answers
  • What made Liberia and Ethiopia unique
    10·1 answer
  • How did geographic challenges lead to the rise of city-states in mesopotamia
    9·2 answers
  • Why did the War Hawks push for the invasion of British-held Canada?
    12·2 answers
  • Which is not one of the middle colonies?
    8·1 answer
  • Please help!!!!<br><br><br> No trolls or links please &lt;3
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!