pppppppppppppk pppppppppppppk
  • 12-02-2022
  • Mathematics
contestada

A saving account pays a 3% simple annual interest rate. How much must you put in the saving account to earn $100 in interest in 6 months?


HELP PlS

Respuesta :

regmiprincy224
regmiprincy224 regmiprincy224
  • 12-02-2022

Step-by-step explanation:

Solution

Interest =100

Rate=3•/•

Time =0.5

principal =?

Now

p=I×100÷T×R

p=100×100÷0.5×3

P= 10000÷1.5

P=6666.66

Answer Link

Otras preguntas

What caused the French and Indian war?
What did African Americans gain during WWII?
What is 5.242 rounded to nearest tenth?
Most of your body's molecules are what compounds?
Okay i need help with this question.          Sophie is planting a garden. Her garden is divided into equal sections, each measuring 4 meters in length. Which c
What is the derivative of y=3tan(x)y=3 tan (x) ?
How do you Solve 24=6(-x-3)
What is the value of the expression? (–2)5
Which is farther from the equator 30°N  or  30°S
A rectangular field has an area of 2100 square feet. The length of the field is 50 feet. How wide is the field