randibands randibands
  • 04-01-2021
  • Mathematics
contestada

you invested $800 for 2 years at an interest rate of  4.5%. What was the interest earned on your investment? 

Respuesta :

architasaha2015 architasaha2015
  • 05-01-2021

Answer:

$72

Step-by-step explanation:

Interest = Principal(Rate)(Time)/100

Interest = $800(2)(4.5)/100

Interest = 7200/100

Interest = $72 (Answer)

Answer Link

Otras preguntas

How do you work this problem?
What is the series equivalent of two 1000 W resistors in series?
What is two thirds of 120?
Anyone know how to do this kind of algebra?  Compute the discriminants of the next two quadratic equations. Compare the result in (A) to that in (B). What do y
hey guys i know this seems long but i really need the help so plzz]Step 1: Write five word phrases to be translated using the various key terms from the lesson.
List the perfect squares between 100 and 500 that are even numbers
Explain why a mixed number is not in the set of intergers or whole numbers
Which two countries were the first to declare war on Germany in WWII?
What are the two largest ethnic groups in the united states today?
What is the value of 1-18+25 if you subtract then add? If you add then subtract?Why is order of operations necessary?