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Populaire Word Problems >

Calculate the amount of interest earned on a 14,500 investment made for 3 years at 5.5%

Solution

C a l c u l a t e t h e am o u n t o f in t eres t e a r n e d o n a 14, 500 in v es t m e n t ma d e f or 3 ye a rs a t 5.5%

Solution

Interest : 2392.5

étapes des solutions

Translate the problem into an equation:

I = 14500 \cdot 0.055 \cdot 3

Simplifier

I = 14500 \cdot 0.055 \cdot 3

Interest : 2392.5

Exemples populaires

A die is rolled twice. Find the probability of getting the same number on both rolls The number is twice the number fifteen plus twice the number 12 Jared puts 3,000 into a bank account earning 3.4% interest. Years later, when he takes the money out of the account, he has 4,073.95. About how long did he leave the money in his bank account?Huilan's age is two times Thomas's age. The sum of their ages is 39 . What is Thomas's age?the différence of two and a number is at least negative one