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igtguith
30.01.2021 •
Mathematics
Luciahas$40,00014%annually..4years? Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. $
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Ответ:
$22,400.
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 14%/100 = 0.14 per year,
then, solving our equation
I = 40000 × 0.14 × 4 = 22400
I = $ 22,400.00
The simple interest accumulated
on a principal of $ 40,000.00
at a rate of 14% per year
for 4 years is $ 22,400.00.
Ответ:
c
Step-by-step explanation: