Nthe situation, simple interest is calculated yearly. how much interest was earned? drag and drop the answer into the box.
principal: $5500; time: 8 years; interest rate: 2.5%; interest: ?

- Interest was earned=$1,100

Explanation:-

Given: Principal P, =$5,500

Time t= 8 years

Interest rate r=2.5%   [convert into decimal]

We know that,

Simple Interest=P×r×t

⇒Simple Interest=$5,500×0.025×8 [Substitute the value of P,r ant t]

⇒Simple Interest=$1,100

Therefore, Interest was earned=$1,100.

step-by-step explanation:

it will be a cylinder. with a diameter of 8 and 4 single pieces high

total amount of money that he should pay if he has not used his duty free exemption is $98

step-by-step explanation:

given a united states citizen returning to the states declares the following items at the customs office: 3 shirts at $8.50 each 2 dresses at $27.50 each 1 pair of gold cuff links at $17.50 per pair. we have to find how much he pay

cost of 3 shirts if one cost at $8.50 is

cost of 2 dresses if one cost at $27.50 is  

cost of 1 pair of gold cuff at $17.50

so, total amount of money that he should pay if he has not used his duty free exemption is   $25.5+$55+$17.50=$98