dannir360 dannir360

03-07-2020
Mathematics

contestada

£1700 is invested for 3 years at 4% per year SIMPLE interest. Work
out the total interest

Respuesta :

03-07-2020

Answer:

$1912.27

Step-by-step explanation:

Simple interest rate formula: A = P(1 + r)^t

Simply plug in the known variables

A = 1700(1 + 0.04)³

A = 1700(1.04)³

A = 1700(1.12486)

A = 1912.27

Answer Link

Otras preguntas

If you earn $15 an hour and you work 35 hours a week, how much do you earn a month?

A baker has 20 pounds of sugar.he uses 3/4 of sugar to bake muffins.how many sugar does he have left

Why don't astronauts use a fountain pen or a ball point pen with liquid ink in a spacecraft

$11,000, invested for 4 years at 3% compound monthly

Write quadratic equation whose roots are 4 and -2 and whose leading coefficient is 5

What is the impact of Emma Watson sharing her own experiences with inequality, as a woman?

In deep ecology, through what means is happiness gained

Observationally, how can one decide which of the four general expansion models best describes the present-day universe?

People who get angry easily tend to have more heart disease. that's the conclusion of a study that followed a random sample of 12,986 people from three location

the light from many stars can be seen from earth. but there is a time delay between the time the light is emitted from the star and when we see it here on earth