Sumali sa IDNStudy.com at simulang makuha ang maaasahang mga sagot. Ang aming komunidad ay handang magbigay ng malalim at praktikal na mga solusyon sa lahat ng iyong mga katanungan.

Fernando has $523.50 in his savings account.
His banks pays him 5 3/4% interest. If the interest is computed once per year how much interest will she make 1 year?


Sagot :

$523.5 multiplied by 0.0575 (which is 5 3/4%) is
$30.10125 

the total would be $553. 60125. 

It's simple interest. P=Irt 
Principal = Interest x rate x time