Register
Use I=PRT p=12,000 r=4% t=3year find I
6.5k views
5 votes
Use I=PRT
p=12,000
r=4%
t=3year
find I

User Btevfik
by
8.3k points

1 Answer

0 votes


~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$12000\\ r=rate\to 4\%\to (4)/(100)\dotfill &0.04\\ t=years\dotfill &3 \end{cases} \\\\\\ I = (12000)(0.04)(3) \implies I = 1440

User Adolf Dsilva
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

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?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
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.
9/10 divided by (1/10 plus 2/5)
Link Copied!