lex125 lex125
  • 03-11-2016
  • Mathematics
contestada

He has $4,200 to invest, for college if he invests 4200 for 3 years and year and earns $630 what is the simple interest rate

Respuesta :

taylorh99 taylorh99
  • 06-11-2016
I=Prt

r=I/Pt

r=630/((4200)(3))
=0.05*100
=5%
the simple interest rate it 5%
Answer Link

Otras preguntas

simplify 9+ (-2)^3 HELP PLEASE
The English language has evolved from an obscure Germanic language to a global language that dominates communication around the world. Language mixing is a majo
If TU=8 and TV = 13
What of the following statements best describes the significance of Amendment 8? AMENDMENT VIII: Excessive bail shall not be required, nor excessive fines impos
Nepal is declared as a secular country write its .importance​
The direction of a ratchet is reversed by _______________________.
1. Which of the following is NOT usually considered a member of the executive committee of a hotel? A. Director of Catering B. Rooms Division Manager C. Directo
How often your users’ geolocation and your geofences trigger depends on your: age. interface. event models. user base.
Please help me, I have more
Complete the slope-intercept form of the linear equation that represents the relationship in the table