3 years ago

Please see all the screenshots. I have included multiply problems in this one question.

Mathematics

1 answer:

kakasveta [241]3 years ago

3 0

Answer:

so basacilly the answer to all of the question is a

Step-by-step explanation: you welcome!

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2 years ago

suppose you deposit $2,475 in a savings account that earns 6.25% simple interest per year. How much simple interest would be ear

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$116.02 interest will be earned in 9 months

Step-by-step explanation:

The formula for simple interest is given by:

$I = Prt$

Here

P is the initial amount

r is the interest

t is the time measured in years

Given

P = $2475

r = 6.25% = $\frac{6.25}{100} = 0.0625$

t = 9 months

Converting time into year by dividing by 12

$t = \frac{9}{12}\ years = 0.75\ year$

Putting the values in the formula

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Rounding off to nearest hundredth

I = $116.02

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$116.02 interest will be earned in 9 months

Keywords: Interest, simple interest

Learn more about simple interest at:

#LearnwithBrainly

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