ryanbarnett09 ryanbarnett09
  • 02-06-2017
  • Mathematics
contestada

Pierre invested $7500 in a savings account with a yearly interest rate of 3% for 14 years. How much simple interest did he earn?

Respuesta :

mreijepatmat
mreijepatmat mreijepatmat
  • 02-06-2017
yearly interest return = 7500 x 3% = 7500 x 0.03 = 225

Since it's a simple interest then the amount of total interest will be
14 x 225 =$3150

(This is not asked by the problems. It's just indicatif: the total money will be 7500 + 3150 = $10,650)
Answer Link
rintalaanthony rintalaanthony
  • 08-08-2019

Answer:

3150

Step-by-step explanation:

Apex

Answer Link

Otras preguntas

PLEASEEEEE IM BEGGING SOMEONE I NEEED HELPPPPPPPPPPP PLEASEEEEEEEEE​
help pls ill give u brainlest
Seven hundredths of 86 is what number?
The histogram shows the results of a survey asking students how many windows are in their homes. How many students have less than 10 windows in their homes. Ent
what was the first battle of the civil war​
Give two examples of two std's that can be treated and cured.
The width of a rectangle measures (3s+t) centimeters,and it’s length measures (3s-9t) centimeters. Which expression represents the perimeter,in centimeters of t
What is the volume of a cylinder with a height of 16.9 in and a base with a diameter of 9.6 in, to the nearest tenth of a cubic inch?
when I did not mean to ask the questiona.
I will give you brainliest and 5 star and thanks if its correct