ssolis26 ssolis26

02-10-2020
Mathematics

contestada

If the simple interest on 3000 for 2 years is $360, then what is the interest rate?

Respuesta :

zack28030 zack28030

02-10-2020

The interest rate is 6% 360/300 = .12 for 2 years get rid of half of that .06

Answer Link

DemonicBrain DemonicBrain

02-10-2020

If its $360 in 2 yrs, then it would be $180 in 1 yr, which $180 is 6% of $3000

Answer Link

Otras preguntas

Which of the following is not considered a part of the male urethra? a. Prostatic b. Membranous c. Vasapore d. Penile

If f(x) = 2x2 − 10, find f(5). 90 10 7.5 40

Congress shall have power...to make all laws which shall be necessary and proper for carrying into execution the foregoing powers.... This section of the Consti

what fraction of a pound is 25 pence

Olympic athletes have lower resting heart rates because

Indira Gandhi (Nehru's daughter) witnessed all of the following during her tenure as prime minister EXCEPT a advances in economic productivity. b ethnic unity.

can a single cell be a living thing? explain

A coin is biased such that it results in 2 heads in every 3 coin flips, on average. The sequence is most probable for the biased coin.

Simplify and select the answer with the appropriate restrictions for the variables. 4x^2 + 8x/x^2 - x - 6

Why did the North have more capital than the South? The North made more money on its farm produce. The South did not produce any goods to sell in trade. The Sou