Mathematics: What is the interest earned on $350.00 invested 4 years at a 5% simple interest?

Answer and Step-by-step explanation:→ Step 1: Simplify both sides of the equation:→ Step 2: Subtract 1/2 from both sides:→...

What is the interest earned on $350.00 invested 4

Ответ:

camila9022

31.12.2021

Mathematics

So simple interest earned is [(5% of 350) times 4]
so
percent means parts out of 100 so 5%=5/100=1/20
'of' can be translated as multiply
(1/20 times 350) times 4
[(350/20)times 4]
[(17.5) times 4]
[70]
70 is the answer

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Ответ:

bre563

06.02.2020

Mathematics

Answer and Step-by-step explanation:

Hi~there!

Let's~answer~your~question!

Solve~both~sides~of~the~equation,~then~isolating~the~variable.

→ Step 1: Simplify both sides of the equation:

$h+\frac{1}{2} =\frac{7}{2}$

→ Step 2: Subtract 1/2 from both sides:

$h+\frac{1}{2}-\frac{1}{2}=\frac{7}{2}-\frac{1}{2}$

h=3

→

h=3

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What is the interest earned on $350.00 invested 4 years at a 5% simple interest?

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