smartestmanonearth smartestmanonearth
  • 04-06-2020
  • Mathematics
contestada

12.
A $20,000 investment earned a simple interest rate of 5.4%. How much interest was earned in one year?

Respuesta :

garybgajiton
garybgajiton garybgajiton
  • 04-06-2020

Answer:

18,920.00

Step-by-step explanation:

discount = x

original price = $20,000

discount% = 5.4%

x/20,000 = 5.4/100

x · 100 = 5.4 · 20,000

100x = 108,000

100x/100 = 108,000/100

x = $ 1,080.00

Sale price = original $ - discount $ = final answer

$20,000 - $1,080 = $18,920.00

Answer Link
kashandtola kashandtola
  • 04-06-2020

Answer:1,080

Step-by-step explanation:

20,000 x .54 equals $1,080

Answer Link

Otras preguntas

Slope line passing (-4,-7) and (-2,-3)
Find the word that has the same ending sound as "bread"?a. ready b. door c. lead
Hi! Can one of y'all just check my answers for me? I am just a bit unsure before I submit them. 100 Points. Thanks! 1. The set of linear equations provided des
I NEED HELPPO NOWWW PLEASEEE!!
Trucker hiked 15 miles in 3 hours. How many miles does Tucker bike in 1 hour?
Write a short story based on the following Hills give your story a suitable title by describing characters and events and including some dialogues and the hints
What plague finally convinces Ramses II to let the Hebrews go? Why?
Trucker hiked 15 miles in 3 hours. How many miles does Tucker bike in 1 hour?
Wire 10cm long of area of cross section 1.28cm^2 elongates by 1.4cm when 4.5kg is suspended from it. Find the stress and strain and young's modulus
If f(x)=3x2-5 and g(x) =-2x+5, then f(3)g(3)=?