kma091392 kma091392

23-03-2018
Mathematics

contestada

How much simple interest would Kaitlyn earn on $300 at 6% for six months? A. $18 B. $9 C. $54 D. $27

Respuesta :

Professor1994 Professor1994

23-03-2018

P=$300
Annual interest rate: r=6%=6/100→r=0.06
Annual interest: Ia=rP=0.06($300)→Ia=$18
Monthly interest: Im=Ia/12=$18/12→Im=$1.5
Number of months: n=6
Interest for six months: I=n Im=6($1.5)→I=$9

Answer: Option B. $9

Answer Link

Otras preguntas

The sum of four consecutive whole numbers is 230.Find the numbers.

Which of the following could cause only a physical change in a hamburger patty Cooking it Eating it Cutting it in half Letting it rot

write two goals for yourself that will aid you in pursuing your post secondary education or training

When the suffix -ize is added to a noun like general, the word becomes _____. A. an adjective B. an adverb C. a verb D. an antonym

Rainsfords response to zaroff indicates that

20 POINTS PLEASE HELP!! Which of these forms as part of the life cycles of both low-mass and high-mass stars as a result of a star-forming nebula collapsing and

Solve n3 + 2n2 - 15n = 0 by factoring. Show the factored form of the equation, and the resulting solutions.

Which symbol is used to label a male that expresses a sex-linked disorder on a pedigree

A company paid $225,000 in sales tax to the government from its auction sales last year, but later found out it over paid 25%. How much money should the company

When john was considering buying a new car, he sought out unbiased information and ratings about different makes and models?