Ask your own question, for FREE!
English 22 Online
OpenStudy (anonymous):

One simple question

OpenStudy (anonymous):

ruiz invests 5500 at a simple intrest rate of %4 How much intrest will he earn after 5 years? $110 $1100 $11,000 $110,000

OpenStudy (anonymous):

@RCCB

OpenStudy (anonymous):

Plz hurry i will give medal

OpenStudy (rccb):

what do you think it is?

OpenStudy (solomonzelman):

Ruiz invests $P at a simple intrest rate of %r, How much interest will he earn after t years? \(\large\color{black}{ \displaystyle P\times \frac{ r}{100}\times t }\)

OpenStudy (koikkara):

@1question Users have Provided Sufficient help, Solve it please !

OpenStudy (texaschic101):

I = PRT....Interest = principle * rate * time P = 5500 R = 4%....turn it into a decimal = .04 T = 5 now we sub.. I = 5500 * .04 * 5 now do the multiplication and what do you get for I ?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!