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Mice21 [21]
3 years ago
10

You put $550 in an account that earns 4.4% simple interest per year how much interest do you earn in six months

Mathematics
1 answer:
Furkat [3]3 years ago
7 0
I=PRT
P=princiapl=amount put in
r=rate in decimal
t=time in years



so
P=550
r=4.4%=0.044
t=6/12=1/2 yr



so
I=(550)(0.044)(1/2)
I=(275)(0.044)
I=12.10

you earn $12.10 interest in 6 months
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1st Step: Started off by regrouping the terms
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2nd Step: we can easily simplify 3x3 to just 9. And now we're left with 1/9x^4x^2

3rd Step: Now we can simplify the 1/9 to just x^4x^2/9

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