Emilyyjadee14 Emilyyjadee14

24-12-2016
Mathematics

contestada

How much simple interest would Kaitlyn earn on $300 at 6% for six months?

Respuesta :

24-12-2016

I = let
I= 300*.06*.5
I= $9.00
Since time in the formula is years and the money was not in for a complete year you have to use the part of the year (6months) that it was earning interest 1/2 year or .5

Answer Link

Otras preguntas

find tan 30 degrees and tan 45 degrees using the 45-45-90 triangle therom and 30-60-90 triangle theorm

Why do you think scientists think the first organisms did not need oxygen to survive?

where would you most likely find a wadi

What effect does adding more loops to the wire coil have on the electromagnet?

What is Newton's first law of motion?

Which shows the unsimplified solution for x2 + 8x + 6 = 0?

You have the numbers 1–25 written on slips of paper. If you choose one slip at random, what is the probability that you will select a number that is divisible b

Sam borrows $1,000 from a bank that is charging eight percent simple interest per year. If he pays the loan back in six months, how much interest will he pay?

You have the numbers 1–25 written on slips of paper. If you choose one slip at random, what is the probability that you will select a number that is divisible b

if A=bh, and if b=12 and h=8, what does A equal?