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mr. cruz invests 50 000 at a simole interest at a rate of 6% how mucj interest will he earn in one year​

Sagot :

Hanimeyaidn

✒ SIMPLE INTEREST

[tex] \large{••••••••••••••••••••••••••••••••••••••}[/tex]

[tex]\large\sf\underline{Problem:}[/tex]

  • Mr. cruz invests 50 000 at a simole interest at a rate of 6% how mucj interest will he earn in one year (1)

[tex] \large{••••••••••••••••••••••••••••••••••••••}[/tex]

[tex]\large\sf\underline{Answer:}[/tex]

[tex]\huge\tt\purple{\:\:\:\:\:\:\:\:\:\:\:Php\:3, 000}[/tex]

[tex] \large{••••••••••••••••••••••••••••••••••••••}[/tex]

[tex]\large\sf\underline{Solution:}[/tex]

»By substituting the given values to the simple interest formula we have,

  • [tex]\large\tt{S.I. = P × R × T}[/tex]
  • [tex]\large\tt{S.I. = 50,000(0.06) (1) }[/tex]
  • [tex]\large\tt{S.I. = (50,000)(0.06) }[/tex]
  • [tex]\large\tt\purple{S.I. = 3,000}[/tex]

[tex]\because[/tex] Mr. Cruz will earn Php 3,000 in one year

[tex] \large{••••••••••••••••••••••••••••••••••••••}[/tex]

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