jackieecardoso1020 jackieecardoso1020
  • 26-09-2017
  • Mathematics
contestada

Lorraine invested $5500 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

Respuesta :

yaritzigarcia
yaritzigarcia yaritzigarcia
  • 26-09-2017
A formula for this is I=prt, your "i" is the interest so the way to set this up would be 5500=6%r9 you would multiple 6&9 then you should get 5500=54r. divide 54 and 5500 that should turn out to be 101. 85, rounded of course. Hope that helped.
Answer Link
maryamahmed7913
maryamahmed7913 maryamahmed7913
  • 09-02-2022

Answer: $2970

Step-by-step explanation: took the quiz

Answer Link

Otras preguntas

n what way did ancient Athens influenced the framers of the United states constitution
If b equals 8 and h equals 6, what does bh/2 equal?
Which of the following is not an example of a biological polymer? Egg albumin Fatty acids Starch DNA
Prime factors of 625
explain how to find 40x50 using mental math
A camera costs 115 Canadian Dollars. If each Canadian dollar is worth 0.952 U.S Dollars, how much would the camera cost in U.S Dollars?
Shanna attends school for 1 week longer than 3/4 of the year. How many weeks in a year dies Shanna attend school ?
ex 2.8 3. find the maximum value of y for the curve y=x^5 -3 for -2≤x≤1
Which was a significant contribution of Mesopotamian civilization? A. gridlike street, B.the phonetic alphabet, C.the wheel. D. monotheistic beliefs?.
What's a statement that is true for any number or variable