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ari313
18.09.2021 •
Mathematics
barbara invests $500 at a rate of R% per year simple interest. at the end of 12 years, the total interest earned is 180. find the value of R
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Ответ:
3
Step-by-step explanation:
Interest = R% / year
(R% x $500) x 12 years = $180
(R% x $500) = $180 / 12
(R% x $500) = $15
Barbara get $15 interest per year. Now calculate the rate
R = ($15 x 100) / $500 = 3
3% of $500 is $15
Ответ:
Hi Lasondaforman40,
To get the answer to your problem you would need to take 240,000 by ^10 (power of ten) and multiply it to give you 2,400,000 (in word form that is two million and four hundred thounsand.
Hope this helps
Cupkake~