This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The amount of simple interest earned on an investment over a fixed amount of time is jointly ... (Read 216 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vinney12 on Mar 20, 2019

bulacsom

  • Sr. Member
  • ****
  • Posts: 329
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.
Answer Preview
Only 29% of students answer this correctly


vinney12

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Mar 20, 2019
Thank you!


bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Mar 20, 2019
Always glad to help...


« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Summation of Heart Sounds, Fixed Splitting of S2 Summation of Heart Sounds, Fixed Splitting of S2
Check heat source for temperature. Evaluate the amount of heat given off from the source using your ... Check heat source for temperature. Evaluate the amount of heat given off from the source using your ...
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
Time Line for Evolution of the Universe Time Line for Evolution of the Universe
Physics: Power, Energy and Time Physics: Power, Energy and Time
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library