apeman2
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| Joined: 02 Nov 2009 |
| Total Posts: 2557 |
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| 17 Apr 2012 06:54 PM |
Help with dis one and show me how to do it.
Haya has $40 in a savings account that earns 10% annually.
The interest is not compounded. How much interest will she earn in 1 year?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. |
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Tomo0o0
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| Joined: 10 Mar 2009 |
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apeman2
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| Total Posts: 2557 |
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Tomo0o0
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| 17 Apr 2012 06:56 PM |
i=prt i=40x.1x1 i=4 40+4=44
Queso? ๏̯͡⊙ |
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apeman2
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tarety24
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Tomo0o0
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| 17 Apr 2012 06:57 PM |
Actually, it's right.
Queso? ๏̯͡⊙ |
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apeman2
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RY84TTT
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| 17 Apr 2012 06:58 PM |
Interest= PxRxT
I forgot P :p
R is the rate
T is the Time over which the money is payed/owed
~ This ish my siggy, problem bro? ~ |
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Tomo0o0
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| 17 Apr 2012 06:58 PM |
Oh, I thought the question was how much money would she make.
Queso? ๏̯͡⊙ |
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apeman2
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tarety24
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| Joined: 07 Jul 2010 |
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| 17 Apr 2012 06:59 PM |
| i thought it should be 12 not 1 at the end... hold on for just a second... |
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tarety24
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| Joined: 07 Jul 2010 |
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| 17 Apr 2012 07:00 PM |
| Wait my bad I did it for 12 years XD fail! She earns $4.. has $44 total :p |
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apeman2
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| 17 Apr 2012 07:01 PM |
| If you legitimately needed help with that problem, you are a complete idiot. |
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apeman2
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| 17 Apr 2012 07:02 PM |
@jokkobravo32
I asked for HELP. |
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Tomo0o0
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| 17 Apr 2012 07:03 PM |
Do you still need help?
Queso? ๏̯͡⊙ |
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apeman2
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| 17 Apr 2012 08:29 PM |
| Nah, just gunna ask my teacher for help later. |
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LoboPwn
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| Joined: 15 May 2011 |
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| 17 Apr 2012 08:31 PM |
Since when did everybody start talking about school and grades on LMaD?
Join Military 101 today! |
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