summybran7thight summybran7thight

24-04-2017
Mathematics

contestada

April took out a $600 loan form the bank. at the end of 5 years, she pays back the principal, plus $60 simple interest. what was the interest rate?

Respuesta :

Аноним Аноним

24-04-2017

600 x 5 x i = 60
3000 i = 60
i = 60 / 3000
i = 0.02
0.02 = 2%
answer the interest rate was 2%

Answer Link

Otras preguntas

How many sub-windows will you have if you write: subplot (2,4,p) a. 4 b. 2 c. 8 d. 6

A student using a spectrometer sees three different first-order colors (A, B, & C) at the following angles: θₐ₁=8.6°, θᵦ₁=11°, & θc₁=13.1°. The grating

VS Ruffed Grouse Music to her ears? To capture the attention of females and bring them closer to their territory, these unique birds fan their wings to produce

Two large parallel plates are 4.0 cm up apart. the strength of the electric field between them is 50.0 n/c what is the difference in voltage between the plates?

Five Star Corporation will pay a dividend of $4.05 per share next year. The company pledges to increase its dividend by 5.75 percent per year, indefinitely. If

Today, the age of fossils is most commonly determined using which approach? 1) Relative dating in sedimentary sequences 2) Radiocarbon dating 3) Uranium-lead is

When a wire of uniform cross- section a, length l and resistance r is bent in to a complete circle , resistance between any two of diametrically opposite points

The equation of the polynomial function is: a. f(x)=(x+(2+i))(x+(2-i))(x+5) b. f(x)=(x-(2+i))(x-(2-i))(x-5) c. f(x)=(x-(2+i))(x-(2-i)) d. f(x)=(x+(2+i))(x-(2-i)

Fats are divided into three lists based on the type of fat they contain: monounsaturated, polyunsaturated, and saturated. which of the following foods do not co

What do these different points of view illustrate about the crusades?