Register

Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the en…

Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the en…
asked 178k views
0 votes
Using the formula given for simple interest, find the amount of interest earned after investing $450 at 6% interest for 30 years. How much money will be in the account at the end of 30 years?

asked
User Shravan Dhar
by
8.6k points

1 Answer

6 votes
Multiple 450 times 6% which is 27 then multiply by 30 which equals 810.00 interest
answered
User Scott Bartell
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!