Raychel231 Raychel231

22-02-2021
Mathematics

contestada

You put $500 in a savings account with a simple interest rate of 3%. How long did it take you to earn $30 interest?

I =

P =

r =

t = ?

Respuesta :

carlos149 carlos149

22-02-2021

Answer:

2 years.

or

2 interest rates.

Step-by-step explanation:

The interest rate is per year.

3% of 500 = 15

so it took 2 years.

Answer Link

Otras preguntas

Why did Americans want to repeal the 18th amendment?

what does the word discipline mean in the following sentence Brads discipline in eating healthy and exercising is admirable

Par 2 of the question

The price of an item yesterday was 115. Today the price fell to 69. Find the percentage decrease

How will the Louisiana purchase impact the knowledge of North American geography

1. The first winter storm of the season can be dangerous because a) Many motorists are not prepared for winter weather b) Emergency crews may not be prepared c

1 A spring 1000N/m) launches a 100kg crate in the air if the spring extended 2m, What would the gravitational potential energy of the crate be at its peak? What

three sets of the sum of a number and four are added to the sum of seven times the same number and thirteen

What’s the answer to this

How can a model of DNA be constructed to show replication?