anniemfhq
anniemfhq anniemfhq
  • 04-02-2021
  • Mathematics
contestada

If the simple interest on $6,000 for 9 years is $4,320, then what is the interest rate?
The rate is ?

Respuesta :

MESSUTUDIENICE MESSUTUDIENICE
  • 05-02-2021

Answer:

6.48%

Step-by-step explanation:

the rule of the simple interest is:

I=PRT

but here we want the rate, and we have I and P and T

so put the rate on 1 side, and all the given numbers in other side

the rule will be like this:

R=I/PT

R=4320/6000×9

R=6.48%

Answer Link

Otras preguntas

Work out the equation of the line which has a gradient of 1/2 and passes through the point (4,-2)
What is the degree of f?
•Topic: Children in concentration camps during the Holocaust •Question: How were children who survived the Holocaust affected psychologically? • what will be t
Hey who ever can help me, I give 25 points
3/10+4/100 i really need help with it because i forgot what to do
How many slave states were in the union in 1850? __by 1865__?
How is natural gender shown in English ?
If the temperature decreased 7 and a half degreen in 3 hours and now is -14 dedgree celsius, what was the original temperature?
Would I use (y² - y¹) / (x² - x¹) or y=mx + b? If possible please help!! Evens ONLY!!
Find the width of a rectangle with a perimeter of 90 and a length of 15. Draw and label the rectangle first to set up your problem