karlacastellanos8256 karlacastellanos8256
  • 04-06-2021
  • Mathematics
contestada

What is the simple interest earned on a $1,000 principle, with a 7.8% interest rate, after 4 years? (Show your work)

Respuesta :

drmallery drmallery
  • 06-06-2021

Answer:

312

Step-by-step explanation:

1000x.078=78 interest per year

78 interest x4 years=312 interest after 4 years.

Answer Link

Otras preguntas

What is 23 less than x?
what is 1.45 percent of 17,370.98
What is 23 less than x?
What type of bond holds Na and Cl together?
one way the govt carries out the purpose of economy stability?
Round 4,339,908 to the ten thousand
solve the equation 1/2e=1/4
Population of a city is 36000 in 2005 by 2010 it has grown to 43800. If the city has grown linearly since 2005 and grows at the same rate what will the populati
If the circumference of a circle is 94.25 inches then what is the radius?
During the movement known as Romanticism, literature and the arts emphasized __________. (Points : 2) experimentation over repetition nature and emotion over re