A deposit earns $102 after 36 months at a simple interest rate of 5% What is the time and total value

QAmmunity.org

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Mar 28, 2023 60.0k views

17 votes

A deposit earns $102 after 36 months at a simple interest rate of 5%

What is the time and total value

Mathematics
high-school

Jofel asked

by Jofel

5.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

8 votes

Answer:

Step-by-step explanation: 276.9

Uchuujin answered Mar 28, 2023

by Uchuujin

5.3k points

0 Comments

Please log in or register to add a comment.

7 votes

Answer:

285.6

Explanation:

formula= I=PRT

i=?

p=102

r=5

t=36 months

5=0.05

102(1+(0.05x36)=285.6

Alisom Martins answered Apr 3, 2023

by Alisom Martins

4.5k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

5.3m questions

6.9m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions