Question

Hey I need help! :P

Dawnie deposited $350 in a savings account earning 2% interest over 3 years.

What was the total amount of interest earned at the end of 3 years?

A.
$420

B.
$210

C.
$42

D.
$21

Answer 1

@SyedMohammed98
@ribhu

Answer 2

what is 2% of 350

Answer 3

this is easy

Answer 4

350*2*3/100 = 350*6/100

Answer 5

PRT/100 = Simple Interest.

Answer 6

where P = Principal = $350
R= rate of interest = 2%
T = time = 3yrs

Answer 7

2/100--->0.02*350--->7 it's 3 years so 7 + 7 + 7 = 21 so it's D

Answer 8

@sissyedgar did u calculate?
answer is D = $21

Answer 9

yes, thx...

Answer 10

ur welcome

Answer 11

simple use formula

i=p multiply r multiply t/100
i=350*2*3/100=21 ans

Answer 12

Mai borrowed $12,000 at 5% interest for 6 years.

What was the total interest Mai paid?

$120?

Answer 13

nope......its 3600

Answer 14

12000*5*6/100 ; the same formula

Answer 15

$3600 answer

Answer 16

600 * 6 ---> $3600

Answer 17

TY

Answer 18

YW

Answer 19

Simon invested $1550 at 6.5% interest. He earned $302.25 interest at the end of t years.

What is the value of t?

A.
1

B.
3

C.
6

D.
9

Answer 20

it's B

Answer 21

B 3%

Answer 22

sorry 3 years

Answer 23

@sissyedgar got it?

Answer 24

OK, THX!

Answer 25

YW

Answer 26

Maria invested $450 in a savings account and earned $126 in interest at the end of 7 years.

What was the interest rate?

A.
3.5%

B.
4%

C.
4.5%

D.
5%

Answer 27

B 4%

Answer 28

TY

Answer 29

Leo paid $2400 in interest on an amount borrowed for 10 years at a 4% annual simple interest rate.

How much did Leo borrow?

Answer 30

he borrowed $6000

Answer 31

OK THANKIES

Answer 32

100% :)

Answer 33

yup i am 100% sure

Answer 34

:)

Answer 35

my advice is that u get this cocept

Answer 36

OK