MellowFluffs
MellowFluffs MellowFluffs
  • 02-02-2022
  • Mathematics
contestada

Pls help!!! What is the annual interest for a principle of $5,500 at a simple interest rate of 4.5%?

Respuesta :

maryyamkhan133 maryyamkhan133
  • 02-02-2022

Answer:

Hi Ok So I might be wrong but Here is my answer

$1237.50

r = 4.5% = 0.045

I = prt

I = 5500*0.045*5

= $1237.50

Hope i helped pls mark me as brain list if I'm correct

Step-by-step explanation:

Answer Link

Otras preguntas

The House of Representatives has how many voting members?
We elect a U.S. Senator for how many years?
What force is thought to be an important cause plate tectonic motion ?
Under our Constitution, some powers belong to the states. What is one power of the states?
Who is the “Father of Our Country”?
Which reaction is single replacement? (1) 2H2O2 --> 2H2O + O2 (2) 2H2 + O2 --> 2H2O (3) H2SO4 + Mg --> H2 + MgSO4 (4) HCl + KOH --> KCl + H2O
Who is in charge of the executive branch?
At what type of plate boundary do compression and subduction take place?
We elect a U.S. Representative for how many years?
Name one branch or part of the government.