brendancarney703
brendancarney703 brendancarney703
  • 03-12-2020
  • Mathematics
contestada

Maria Invests $600 in a bank account that earns simple interest. She earns $30 at the end of 12 months . Janae invest $350 at the same rate of interest for 12 months​

Respuesta :

DorelleMarie DorelleMarie
  • 03-12-2020

Answer:

Interest = $1.75

Step-by-step explanation:

Maria invest $600, and receives interest of $30 per year

We know that PRT/100= INTEREST

R=( 100*INTEREST)/(PT)

R = (100*30)/(600*1)

R= 3000/600

R= 5%

Jane invest $350 at Sam rate with Maria , that is 5% , for a year, her interest

Interest= 350*5*1/100

Interest = $1.75

Answer Link

Otras preguntas

GIVING 40 POINTS!!!!! Which of the following would be considered an unreliable source of information? A. private blogs B. government Web sites C. newsp
if f(x)=x^2-2 and g(x)=x-3, what is (f o g)(x)?
What were 82% of Americans still saying in 1936?
What means the opposite of todo a. mucho c. otro b. nada d. eso
Karen is stacking identical building blocks. She has a tower of 6 blocks that is 18 inches tall. She adds 5 more blocks to the tower. How many inches tall is th
I need to know how to make a pie chart
Democratic reform and activism how did this revolution affect parliamentary leaders in britain
With the advert of the space shuttle program, NASA spent more time on military projects, despite its original mandate as a civilian agency. Which word from
HELP!!! 99 POINTS BEING OFFERED Directions: Mark each statement True or False in the space provided. 1). There are few laws protecting the rights of families.
In frida kahlo's the two fridas, to what purpose does the artist use symmetry?