zoieroseDUHran zoieroseDUHran
  • 02-06-2020
  • Mathematics
contestada

how much interest is earned on $1470 at 4% for six months

Respuesta :

adioabiola
adioabiola adioabiola
  • 08-06-2020

Answer:

$29.4

Step-by-step explanation:

I assume the question is based on simple interest since you didn't specify

Using simple interest

Simple interest=P×R×T

Where,

P=principal=$1470

R=interest rate=4%=0.04

T=time=6 months=0.5 year

Simple interest=P×R×T

=1470×0.04×0.5

=29.4

Interest earned=$29.4

Answer Link

Otras preguntas

Which form of music is mainly composed around a duple meter with accents on beats 2 and 4? A). rhythm and blues B).rock C).rock and roll D).electric blues
The legend of a map indicates that 1 inch = 16 miles. if the distance on the map between two cities is 2 3/8 inches, how far apart are the cities?
Can someone help me and explain .
What is the relationship between dna and chromosome?
The Appalachians are in the Western United States. True False
Help me with this plz
Which of these explains one way that Frederick Douglass made his writing objective? a.By using slang b.By including vague descriptions c.By avo
the length of a rectangle is 1 meter less than its width. the area of the rectangle is 42 square meters. find the dimensions of the rectangle.
Your credit limit is $1,500. You don’t pay your card off each month like you should. What is the max you can safely charge on this card? $
HELP You are participating in a local fundraising activity and have been assigned to handle the donations and income for the car wash. Each car wash is $3 and