Seudónimo Seudónimo

03-02-2017
Mathematics

contestada

You put $400 in an account. The account earns $18 simple interest in 9 months. What is the annual interest rate?

Respuesta :

apologiabiology apologiabiology

03-02-2017

I=PRT
Interest=Principal times Rate time Time
time is in years and rate is in decimal

I=18
P=400
T= 9/12=3/4=0.75
R=?

18=400*R*0.75
18=300*R
divide both sides by 300
0.06=R

rate is 6%

Answer Link

Otras preguntas

I'm getting no help at all i have other things to do ._.

What is the volume of a 8,7,190 rectangular prism

What were the accomplishments of William and Mary?

How to determine how many valence electrons an element has?

Compare and contrast lyrical poems and sonnets.

A basketball team averaged 105 points per game how many points did the team score in 6 games

Abraham Lincoln became nationally known when he A. wrote the Gettysburg Address. B. ran for the Illinois state legislature. C. was elected to the United Sta

Turn these mixed numbers to fractions

All cells must have energy to function. Most of the energy used by the cells in your body is produced by cellular respiration. In cellular respiration, cells us

How does a pie chart help form conclusions? A. Plotting all of the observations. B. Showing a constant ratio with the trend line. C. Showing how data falls into