smartestmanonearth smartestmanonearth
  • 04-06-2020
  • Mathematics
contestada

12.
A $20,000 investment earned a simple interest rate of 5.4%. How much interest was earned in one year?

Respuesta :

garybgajiton
garybgajiton garybgajiton
  • 04-06-2020

Answer:

18,920.00

Step-by-step explanation:

discount = x

original price = $20,000

discount% = 5.4%

x/20,000 = 5.4/100

x · 100 = 5.4 · 20,000

100x = 108,000

100x/100 = 108,000/100

x = $ 1,080.00

Sale price = original $ - discount $ = final answer

$20,000 - $1,080 = $18,920.00

Answer Link
kashandtola kashandtola
  • 04-06-2020

Answer:1,080

Step-by-step explanation:

20,000 x .54 equals $1,080

Answer Link

Otras preguntas

Draw a line representing the "rise" and a line representing the "run" of the line. State the slope of the line in simplest form.
When f(x) is divided by x + 4 the quotient is x2+5x−3+2x+4. What is f(−4)?
He asked me How much didyou pay for this book?​ turn it to indirect speech
please help me,its economics, what is the other for real GDP and nominal GDP​
❊ Simplify :[tex] \large{ \bf{ \frac{x - 1}{ {x}^{2} - 3x + 2} + \frac{x - 2}{ {x}^{2} - 5x + 6 } + \frac{x - 5}{ {x}^{2} - 8x + 15 } }}[/tex][tex] \large{
Choose all the factors of 5. (Check all that apply.) 1 3 5 2 4
when is the population of a country counted, yearly, annually, daily.​
Name ten infrasonic animals.​
Solve for congruent triangles
TIMED PLS HELP Which type of authority figure breaks the rules? Question 1 options: charismatic authority bureaucrats