menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
$500 invest at 4% simple interest for 3 years
Ask a Question
Questions
Unanswered
Tags
Ask a Question
$500 invest at 4% simple interest for 3 years
asked
May 23, 2019
121k
views
4
votes
$500 invest at 4% simple interest for 3 years
Mathematics
middle-school
Geneise
asked
by
Geneise
8.8k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
2
Answers
5
votes
500x4%x3=60 the answer is $60
Nirav Alagiya
answered
May 23, 2019
by
Nirav Alagiya
8.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
1
vote
Simple interest formula:
I=Prt where I = interest p=principle and r and A=P(1+rt) where A = the amount accumulated over t years.
plug in your values
principle= 500
r=.04
t=3
A=300(.04)(3)
A=$545
Javieralog
answered
May 29, 2019
by
Javieralog
8.2k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
No related questions found
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org