itzybitzy itzybitzy
  • 13-02-2019
  • Mathematics
contestada

if the principal is $475 and the interest rate is 5 percent, what is the simple interest earned in one year?

Respuesta :

Noellehope Noellehope
  • 16-02-2019

Answer:

I=23.75

Step-by-step explanation:

p=475

r=5%

I=PRT

t= 1 year

I=475*0.05*1

I=23.75

Answer Link

Otras preguntas

When inferring a theme, readers must blank the theme by analyzing clues
Which of the following is evidence of the past existence of glaciers? A. rift valleys B. fjords C. estuaries D. oceanic ridges
712 ÷ 74 is equal to _____.
either my brother or my sisters usually (volunteer, volunteers) to do the laundry. a. volunteer b. volunteers
In the figure below, if a = 4 and b = 20, then c is approximately 19.45. true or false
Which of the following helped the north industrialize? A. more workers B. better farmland C. less capital D. fewer rivers
ned bought 14 boxes of chocolate candy and gave 7 to his little brother.if each box has 6 pieces inside it,how many pieces did ned still have
Interest begins accruing on a _____ the day of the transaction. a. cash advance b. charge card c. credit card d. purchase A _____ is when a payment is cred
Give two reasonseparate why the cell theory is important.
Reduce the fraction 20/100.