Mathematics: Find the interest due on $1,400 at 9% for 270 days. (remember that for bank interest purposes, a year is considered to have 360 days.) a) 93.89 b) 93.22 c) 94.50

Find the interest due on $1,400 at 9% for 270 days. - id14009270766421, jhenderson2024

Ответ:

ununoctrium5401

12.03.2022

since for the bank purposes, there are 360 days in a year, then 270 days is 270/360 years, or namely 3/4 years.

$\bf ~~~~~~ \textit{Simple Interest Earned}
\\\\
I = Prt\qquad
\begin{cases}
I=\textit{interest earned}\\
P=\textit{original amount deposited}\dotfill & \$1400\\
r=rate\to 9\%\to \frac{9}{100}\dotfill &0.09\\
t=years\to \frac{270}{360}\dotfill &\frac{3}{4}
\end{cases}
\\\\\\
I=(1400)(0.09)\left(\frac{3}{4} \right)\implies I=94.5$

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Ответ:

samdoesmath6352

19.12.2021

Mathematics

26.6 meters

Step-by-step explanation:

tan = opp/adj

tan28 = opp/50

50 * tan28 = opp

26.59 = opp

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Find the interest due on $1,400 at 9% for 270 days. (remember that for bank interest purposes, a year is considered to have 360 days.) a) 93.89 b) 93.22 c) 94.50

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