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I. Simple Interest: Shanica puts 4,000 into an investment yielding 5% annual simple interest; she left the money in for five years. How much interest
I. Simple Interest:
Shanica puts 4,000 into an investment yielding 5% annual simple interest; she left the money in for five years. How much interest does Shanica get at the end of those five years?
Write the equation, and Perform transposition of values.
Rewrite the equation and transposition of values with answer.
A bank is offering 3.5% simple interest on a savings account. If you deposit 7,500, how much interest will you earn in two years?
Write the equation, and Perform transposition of values.
Rewrite the equation and transposition of values with answer.
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