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Author Question: The amount of simple interest earned on an investment over a fixed amount of time is jointly ... (Read 116 times)

vinney12

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on: Mar 20, 2019
The amount of simple interest earned on an investment over a fixed amount of time is jointly proportional to the principle invested and the interest rate. A principle investment of $4000.00 with an interest rate of 3% earned $240.00 in simple interest. Find the amount of simple interest earned if the principle is $2400.00 and the interest rate is 1%.
◦ $4800.00
◦ $80.00
◦ $144.00
◦ $48.00
Beginning and Intermediate Algebra ¦ Martin-Gay ¦ 6th Edition
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Marked as best answer by vinney12 on Mar 20, 2019

bulacsom

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Reply #1 on: Mar 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vinney12

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Reply #2 on: Mar 20, 2019
Thank you!


bulacsom

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Reply #3 on: Mar 20, 2019
Always glad to help...


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