hertulien07 hertulien07

15-03-2020
Mathematics

contestada

If the simple interest on $3,000 for 4 years is $960, then what is the interest rate?

Respuesta :

Onoriodefelix Onoriodefelix

15-03-2020

Answer:

8%

Step-by-step explanation:

R = 100 x I/P x t

Given

Interest I = $960

Principal P = $3000

Time t = 4 yrs

Rate R = ?

R = 100 x 960 /3000 x 4

Multiply through

R = 96000/12000

R = 8

R = 8%

Answer Link

Otras preguntas

Read the text below and add apostrophes where appropriate. There are 4 errors to be corrected

Im giving Brainliest Valerie creates a model using three different rocks. The rocks are classified as igneous, metamorphic, and sedimentary. Which property does

malik has 1 quarter,3 dimes, 1 nickel and 2 pennies. How much money does Malik have?

Section 1 Variability Which of the following survey question yields data with Variability? Write Y for yes or N for no. 1) How many bananas did Joe eat yesterda

Mark as BRAINLIEST:) The graph of a function h is shown below. Find h(-4).

Whats the maximum time someone can serve as president of the united states?.

please help!!! asap!!! show all the steps that you use to solve this problem in the space provided Find the value of x. Round to the nearest tenth. The diagram

What is the slope-intercept equation for this line?

Read the sentence from The Adventures of Tom Sawyer. Tom considered, was about to consent; but he altered his mind: “No no—I reckon it wouldn’t hardly do, Ben.”

what major organic product would you expect to obtain when acetic anhydride reacts with ch3ch2ch2oh nh3