alliyahluengo alliyahluengo
  • 22-02-2022
  • Mathematics
contestada

Brittany has $900 in a savings account that earns 10% annually. The interest is not compounded. How much interest will she earn in 1 year?

Respuesta :

walterpjenkins
walterpjenkins walterpjenkins
  • 22-02-2022

Answer:

90$

Step-by-step explanation:

You multiply the number by 0.10 for your answer.

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jdoe0001 jdoe0001
  • 22-02-2022

[tex]~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$900\\ r=rate\to 10\%\to \frac{10}{100}\dotfill &0.10\\ t=years\dotfill &1 \end{cases} \\\\\\ I = (900)(0.10)(1)\implies I=90[/tex]

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