Mathematics: Suppose that you have $1,400 in a savings account. the bank pays 1.5% annual simple interest. what would be the interest paid after 6 months? what is the balance in the account? show me all the steps you used to do this.

Suppose that you have $1,400 in a savings account.

Ответ:

tot92

02.01.2022

I= PRT
I= 1400 X 0.015 X 0.5
I= 21 X 0.5
I= 10.5

if it was a full 12 months it would be
21 x 1= 21

if it was 1/5 years it would be
21 x 1.5 = 31.5 and so on

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Ответ:

21hendlill

28.11.2020

Mathematics

The answer is 75% Proportions can help with this :)

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Suppose that you have $1,400 in a savings account. the bank pays 1.5% annual simple interest. what would be the interest paid after 6 months? what is the balance in the account?
show me all the steps you used to do this.

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