karlacastellanos8256 karlacastellanos8256
  • 04-06-2021
  • Mathematics
contestada

What is the simple interest earned on a $1,000 principle, with a 7.8% interest rate, after 4 years? (Show your work)

Respuesta :

drmallery drmallery
  • 06-06-2021

Answer:

312

Step-by-step explanation:

1000x.078=78 interest per year

78 interest x4 years=312 interest after 4 years.

Answer Link

Otras preguntas

Who was the 16th president?
Earth rotates around the sun. true false
What is the value of y^-5 and x^-3 for x = 2 and y = -4? answers A. 10/3 B. 128 C. -1/128 D. -128
Help please! need answer now A catapult launches a boulder with an upward velocity of 112 ft/s. The height of the boulder, h, in feet after t seconds is given b
What impact did the Vietnam war have on the American people? A. Americans would be hesitant to use military force overseas in the future B. America
Earth rotates around the sun. true false
Freedom, equality, the rights - these ideas are products of the
according to the study, what did john steinbeck do to prepare for his book the grapes of wrath?
Fission is a form of meiosis sexual reproduction asexual reproduction cellular duplication
Your boss asks you to adjust the temperature so that a sound wave travels more quickly through the air. You increase the temperature from 30°C to 36°C. What's t