dannir360 dannir360

03-07-2020
Mathematics

contestada

£1700 is invested for 3 years at 4% per year SIMPLE interest. Work
out the total interest

Respuesta :

03-07-2020

Answer:

$1912.27

Step-by-step explanation:

Simple interest rate formula: A = P(1 + r)^t

Simply plug in the known variables

A = 1700(1 + 0.04)³

A = 1700(1.04)³

A = 1700(1.12486)

A = 1912.27

Answer Link

Otras preguntas

Which estimate is most reasonable? Michaela purchases a box of cereal for $3.95, chicken for $5.99, orange juice for $2.10, and a loaf of bread for $1.05. She

How does modern civil war differ from war in the early 20th century?

A thermodynamic system consists of an ideal gas at an initial volume of 2.90 L and a pressure of 7.1 × 104 Pa. An external force performs 170 J of work as it co

Where did the asteroids in the asteroid belt come from?

On page 73, at the end of the drugstore scene, George says, "I'm ready." What is he ready for? Answer literally and symbolically.

a particular Saturday 60% of visitors to an art museum where students if a hundred 44 students visited the museum how many total visitors did the art museum hav

Popular music among the yoruba of nigeria is called ________________, and includes the hourglass-shaped ______________________.

Meredith invests $18,200 in an account that earns 3 1/4% simple interest if Meredith does not make any additional deposits or withdrawals what will the balance

Why did many Germans support hitler

What is the value of x in the equation 3/4x+4=5/9