Register
What is the simple interst on $32,000 at 7% interest for 6 months?
171k views
1 vote
What is the simple interst on $32,000 at 7% interest for 6 months?

User Hortense
by
8.0k points

2 Answers

2 votes

Answer:

$33120

Explanation:

si = p(1 + rt)

si = 32000 ( 1 + (0.07) (0.5) )

si = $33120

User Tishan
by
8.5k points
7 votes

Answer:

$ 33120

Explanation:

SI = P(1 + rt)

= 32,000 [ 1 + (0.07) (0.5) ]

= 32,000 (1 + 0.035)

= 32,000 (1.035)

= 33120

User Ovie
by
8.4k points
← Prev Question Next Question →

Related questions

User Drindt
asked May 3, 2022 81.8k views
What is the simple interst on $32,000 at 7% interest for 6 months
Drindt asked May 3, 2022
by Drindt
8.4k points
2 answers
15 votes
81.8k views
User Crackerjack
asked Nov 18, 2022 49.8k views
What is the simple interst on $32,000 at 7% interest for 6 months?
Crackerjack asked Nov 18, 2022
by Crackerjack
8.3k points
2 answers
25 votes
49.8k views
User TchiYuan
asked Mar 24, 2023 41.2k views
What is the simple interst on $32,000 at 7% interest for 6 months? $13,440 $1,120 $6,720 $2,240
TchiYuan asked Mar 24, 2023
by TchiYuan
8.2k points
2 answers
18 votes
41.2k views
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

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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!