juarezleed000 juarezleed000

09-03-2022
Mathematics

contestada

If the simple interest on $3,000 for 8 years is $1,200, then what is the interest rate?

Respuesta :

epicHeckman epicHeckman

09-03-2022

Answer:

i THINK its 18.75% per year

Step-by-step explanation:

r = (1/8)((3,000/1200) - 1 ) = 0.1875

r = 0.1875 * 100 = 18.75

(dont take my word tho, u should double check yourself)

Answer Link

Otras preguntas

If a jogger jogs 6 kilometers in 45 minutes what is his speed

Instructions:Select the correct text in the passage. Which sentence in this excerpt from Leo Tolstoy’s The Death of Ivan Ilyich suggests that Ivan Ilyich tried

Which is the correct way to say i am nervous in spanish

Which examples describe actions that fulfill civic responsibilities, not civic duties? Check all that apply. a. registering for the draft b. voting in an elec

What is the total number of moles in 100.0g of NH4NO3?

is this a personification? "Give me another chance," he pleaded. "I know I've done wrong but I'm an honest crook."

i have curly hair in spanish

Which is not a benefit of cross-training? It ensures that more body parts are fit. It reduces overuse injuries. It prevents boredom. It decreases the tar

The transport of two substances across a membrane in the same direction is known as __________.

What can you infer about Romeo and Juliet by comparing their use of language?