jennifernguyen546 jennifernguyen546
  • 03-10-2018
  • Mathematics
contestada

an investment earns 5% simple interest. what amount of principal is need to have $2500 after 4 years? round your answer to the nearest cent

Respuesta :

sarahback123 sarahback123
  • 03-10-2018
you would use the formula I=prt which means I=.05•2500•4 which equals 500 and that is your intrest
Answer Link

Otras preguntas

The length of a rectangle is twice its width, the perimeter is 126 fee. h
Another term for doing your fair share of work is A. balancing horizontal and vertical relationships. B. being prompt. C. carrying your own weight. D. communic
41/50 is closer to 9/11 or 10/11 and explain
Explain why or why not 14.766 is a reasonable value for the expression 3.21 × 0.46
Which statement is true for single-celled organisms? A. They are often harmless. B. They always cause disease. C. They only live inside
Because of Medicaid and Medicare, whose administration was seen as making great strides in health care? Answer John F Kennedy Richard M Nixon Lyndon B Johnson n
what is the context clue for the word grabbed
If one United States dollar equal 82 Japanese yen how many Japanese yen are equal to $100.00,$1000.00,$10,000?
What are the 2 ways to describe matter
Help Please! You live in a state with a sales tax of 5%. You buy a car for $15,000. What is the sales tax? a. $50 b. $500 c. $750 d. $1,500