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Mathematics 13 Online
OpenStudy (blake57roger):

Based on simple interest, find the total amount saved or owed. principal = $1056; rate = 3.75%; time = 6 years

OpenStudy (blake57roger):

@gorv

OpenStudy (blake57roger):

im back

OpenStudy (blake57roger):

so how do we do the problem

OpenStudy (gorv):

amount=principle+interest and interest= p*r*t

OpenStudy (blake57roger):

A. $1293.60 B. $1452.00 C. $1689.00 D. $3432.00

OpenStudy (blake57roger):

what do you think out of these

OpenStudy (blake57roger):

because i cant figure it out

OpenStudy (gorv):

i dont have calc ....i m operating from mobile....it is just calculation

OpenStudy (blake57roger):

ok

OpenStudy (gorv):

interset=1056*(3.75/100 )*6

OpenStudy (gorv):

amount=1056+interest

OpenStudy (blake57roger):

The simple interest on an investment of $2000 for one year is $110. What is the interest rate? A. 0.0055% B. 0.055% C. 0.55% D. 5.5%

OpenStudy (blake57roger):

what about this one

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