randibands randibands
  • 04-01-2021
  • Mathematics
contestada

you invested $800 for 2 years at an interest rate of  4.5%. What was the interest earned on your investment? 

Respuesta :

architasaha2015 architasaha2015
  • 05-01-2021

Answer:

$72

Step-by-step explanation:

Interest = Principal(Rate)(Time)/100

Interest = $800(2)(4.5)/100

Interest = 7200/100

Interest = $72 (Answer)

Answer Link

Otras preguntas

Hey guys, I need 5 sentences!¿Prefieres viajar en coche, en tren, en barco o en avión? ¿Por qué?
Hey guys, I need 5 sentences!¿Prefieres viajar en coche, en tren, en barco o en avión? ¿Por qué?
Hey guys, I need 5 sentences!¿Prefieres viajar en coche, en tren, en barco o en avión? ¿Por qué?
What are the advantages and disadvantages of globalization
What are the advantages and disadvantages of globalization
how do you balance __H2SO4 + __B(OH)3 --> __B2(SO4)3 + __H2O
What are the advantages and disadvantages of globalization
how do you balance __H2SO4 + __B(OH)3 --> __B2(SO4)3 + __H2O
Hey guys, I need 5 sentences!¿Prefieres viajar en coche, en tren, en barco o en avión? ¿Por qué?
What are the advantages and disadvantages of globalization