mbergstresser mbergstresser
  • 01-12-2020
  • Mathematics
contestada

Peter is calculating the interest earned on a
deposit of $275 in an account that earns 8%
simple interest after 12 years.

Respuesta :

ai0123 ai0123
  • 01-12-2020

Answer:

a) He substituted 0.8 instead of 0.08.

b) $264

Step-by-step explanation:

  • The full question is: a. What did Peter do incorrectly? b. What is the correct amount of interest?

  • Using the equation [tex]I=prt[/tex], we can substitute the given values.
  • I = 275 x 0.08 x 12
  • I = 264
Answer Link

Otras preguntas

Thirty-one books are arranged from left to right in order of increasing prices. The price of each book differs by $2 from that of each adjacent book. The price
nylon is a polymer which is termed as
Solve sin(x)/cos(x) + 1/sin(x), leave your term in sin(x) or/and cos(x).
Cynthia besch wants to buy a rug for a room that is 1313 ft wide and 2222 ft long. she wants to leave a uniform strip of floor around the rug. she can afford to
When employees collect or handle personally identifiable information (pii), they should:?
Which of the following statements best describes Detroit, Michigan? A. It is an emerging global city. B. It is a global city that has experienced decline. C. It
Where are the hippocampus and amygdala found?
2x+5=10 Solve for x
Is it bad to pick up chicks in a dungeon?
Four elements make up about 96% of the mass of the human body. which are those four elements? (choose all that apply.) four elements