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alondrasanchezvillan
05.02.2020 •
Mathematics
Lorraine invested $5,500 in a savings account with a yearly interest rate of 6% for 9 years. how much simple interest did she earn?
a. $330
b. $2,970
c. $297
d. $3,300
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Ответ:
the answer is B) $2,970 , because :
(5500*6\100) * 9 = 2970$
Ответ:
F = P*(1 + n*i)
where F is the future worth of the money
P is the present worth
n is the numbe of years
i is the interest rate
substituting values, we get a future worth of $8470
The earnings is therefore $8470 - $5500 = $2970
Ответ:
should be a
Explanation: