Register

How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (

How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (
3.8k views
14 votes
How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (

User Meir Snyder
by
8.0k points

1 Answer

10 votes

Answer:

240.1

Explanation:

User Muhammad Hamza
by
7.8k points
← 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

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
Link Copied!