$1000 is invested at 9% simple intrest for 3 years.this investment earns how much in intrest?

Question

please help!!!!

Answer 1

Assuming 9% annually
$270.00 Simple
$295.03 Compounded

Answer 2

Principal X Rate (% to decimal) X Time (years) = Interest

change your 9% to a decimal by moving the decimal two places left or dividing by 100
9%= 0.09

3000 X 0.09 X 3 = Interest

Total Amount= principal + interest

being a teacher I will let you do the math.

Answer 3

$270

Answer 4

college soccer and basketball derive their acceptance from being the only genuine source of gamers for his or her respective professional leagues. at an identical time as there are some minor leagues for the two activities, they are customarily beside the point. this skill each and all of the appropriate expertise is funneled into the NCAA. For baseball and hockey, there are nicely time-honored minor leagues that are the main source of progression. as a consequence, plenty better gamers are drafted out of highschool (or junior hockey in Canada) and located interior the minor league gadget extremely of faculty. For the two baseball and hockey, the faculty game is increasing in acceptance as greater gamers verify they want an training and pass the college course. although, till the minor league progression structures are destroyed (unlikely to happen) they won't in any respect rival soccer and basketball in acceptance of public interest.

Answer 5

9% per year or 9% at the end of a 3 year term/agreement?
9% of 1000 at end of 1 year would make it 1090 for 9% more at end of second year, etc

or at the end of 3 years 1090 total.

Answer 6

S.I.= PxTxR
..............
100
= 1000x3x9
..................
100
= 270
interest= $ 270