Register
Time = 8 years Interest rate = 14% Principal = $1,010 What is the total amount of simple interest that is earned? a.$113.20 b.$1,131.20 c.$11,311.20 d.$113,112.00
142k views
4 votes
Time = 8 years

Interest rate = 14%
Principal = $1,010

What is the total amount of simple interest that is earned?
a.$113.20
b.$1,131.20
c.$11,311.20
d.$113,112.00

User Xerath
by
6.9k points

1 Answer

1 vote
B)1,131.20 would be the answer. 1010x0.14=141.4x8=B
User Louis Etienne
by
8.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.9m questions

11.6m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!