kebetty627 kebetty627
  • 21-07-2022
  • SAT
contestada

How much principal must be
invested to earn $36 in 1/2 a year
at an interest rate of 8%?

How much principal must be invested to earn 36 in 12 a year at an interest rate of 8 class=

Respuesta :

Аноним Аноним
  • 22-07-2022

Answer:

Simple interest: $70.56

Annually compounded Interest: $90.65

Explanation:

Answer Link
pannavmittal
pannavmittal pannavmittal
  • 24-07-2022
Answer
900$

let our principal be P
as SI = P x R x T / 100
=> P x 8 x 1 / 100 x 2 = 36
=> 0.04 x P = 36
=> P = 36 / 0.04
=> P = 900$
Answer Link

Otras preguntas

What was the factory percentage of the Union?
Based on this information and your understanding of osmosis and tonicity, what type of iv fluid is the doctor likely administering to try to save the life of th
What is the answer for this question?
Jacob’s daily tips this work week were $99, $78, $58, $91, $90, and $68. Is Jacob correct in thinking that the mean best represents how much money he makes in d
how do I find the slope
Relationship 1 has an initial value of 5 and a rate of change of 3/2. relationship 2 has a rate of change of 5/6. explain how to find what the initial value of
What nation was ruled by a military junta? A) Philippines B) Myanmar C) India D) Malaysia
much as one holds a spider, or some loathsome insect over the fire, What does this comparison suggest about the colonists?
the product of ten and a number is greater than the difference of four times the number and two
I walk six miles in a straight line in a direction north of east, and i end up two miles east and several miles north. how many degrees north of east have i wal