The amount of money returned as interest depends on the initial
amount, the interest rate and the number of years.
Response:
Given:
The return on investment = $6,336
Amount the Certificate of Deposit pays = 4.4% simple interest
The initial investment (the principal), P= $16,000
Required:
The duration the initial amount of money had been invested.
Solution:
Interest = Principal × Rate × Time
Which gives;
Therefore;
Learn more about simple interest here:
Answer:
<em>An expression obtained from the square of the binomial equation is a perfect square trinomial. If a trinomial is in the form </em>
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<em> is said to be a perfect square, if and only if it satisfies the condition b 2 = 4ac.</em>
Step-by-step explanation:
<em>hope it will help you have a great day bye and Mark brainlist if the answer is correct </em>
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