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sarbjit879
08.04.2020 •
Mathematics
Rachel is calculating the interest earned on a deposit of $350 in an account that earns 6% simple interest after 15 years. What is the interest earned?
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Ответ:
$315
Step-by-step explanation:
You are going to want to use the simple interest formula for this. The one below is modified for solving the interest earned.
I = interest amount
P = principal amount
r = interest rate (decimal form)
t = time
Now we can plug in the values into the equation:
This means that Rachel earned $315 worth of interest in the 15 year period.
Ответ:
0.0064516129
Step-by-step explanation: