rochellealexan rochellealexan

05-10-2016
Mathematics

Answered

How much interest would she earn if she were to invest $4,500 at 10% for one year ?

Verified Answer :

SDarbeh SDarbeh

05-10-2016

At 10% you'll earn 450 dollars of interest on a $4,500 investment.

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apologiabiology apologiabiology

05-10-2016

I=PRT
I=interest
P=principal
R=rate
T=time in years

given
P=4500
R=0.10
T=1

I=(4500)(0.10)(1)
I=450

she would earn $450 in interest

Answer Link

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