Lingerkiar3ric9k
Lingerkiar3ric9k Lingerkiar3ric9k
  • 04-08-2016
  • Mathematics
contestada

Calculate the amount of interest on $1200.00 for 9 months at 5 % annual interest.

Respuesta :

yadvi3
yadvi3 yadvi3
  • 04-08-2016
First you have to convert the 9 months into years which is 9/12. Interest = (PRT)/100 = (1200×5×9/12) / 100 = $45
Answer Link

Otras preguntas

the answer is 20/13 you can simplify the answer.
spade realty sold lots for $23240 per hectare . what is total sales values if the lots in hectare were 2,3,4 ?
What element is in period 4, group 12?
The measure of an angle is 34.6°. What is the measure of its complementary angle?
Determine the solution for 72 = 3(5b − 1). b = 3.5 b = 4.6 b = 5 b = 14.2
In this type of governance the power is in the hands of one person​
In this type of governance the power is in the hands of one person​
what is a good question for me to ask that i can put up for 100 points?
The measure of an angle is 34.6°. What is the measure of its complementary angle?
600+39 what does it add up to help