savannahcurtist savannahcurtist

04-03-2018
Mathematics

contestada

Complete the table.
Principal Interest Rate Time Simple Interest
$12,000 4.25% 5 years ???

Respuesta :

jdoe0001 jdoe0001

04-03-2018

[tex]\bf ~~~~~~ \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$12000\\ r=rate\to 4.25\%\to \frac{4.25}{100}\to &0.0425\\ t=years\to &5 \end{cases} \\\\\\ I=12000(0.0425)(5)[/tex]

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