Register
Samantha invests $11,000 at 10% simple interest for 1 year. How much is in the account at the end of the 1 year period?
118k views
20 votes
Samantha invests $11,000 at 10% simple interest for 1 year. How much is in the account at the end of the 1 year period?

User Jwalin Shah
by
5.9k points

1 Answer

11 votes

Answer:

12100

Explanation:

I = PRT

plug in the numbers and don't forget you need to add the first number again

I = 11000 × .10 × 1 + 11000

User Jeff Ling
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Ten gallons of paint were poured into two containers of different sizes. Use one variable to express the amount poured into each container
Use the normal model ​n(11371137​,9696​) for the weights of steers. ​a) what weight represents the 3737thth ​percentile? ​b) what weight represents the 9999thth ​percentile? ​c) what's the iqr of the weights
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
Link Copied!