sshamilpp1 sshamilpp1
  • 02-12-2019
  • Mathematics
contestada

Find the rate of interest, if the interest is 490 the sum(principal) is 7000 for 2 years

Respuesta :

adelodunoba85
adelodunoba85 adelodunoba85
  • 03-12-2019

Answer:

Rate=3.5%

Step-by-step explanation:

i=prt/100

490=7000*2*r/100

490=140r

r=490/140

r=3.5%

Answer Link

Otras preguntas

A vector has an x-componentof -309 m and a y-componentof 187 m.Find the magnitude and direction of thevector.
How do you know if a sequence is a geometric sequence. A It has a common difference. B It has a common ratio.
estimates by first rounding each number to the place value 1.8×3.62
hello) i need some help with b) include an explanation if not a problem, thanks in advance)
In a music class of 20 students, there are 12 who play the Guitar (G), 7 who play the piano (P) and 4 who do not play any of his instruments.A) Represent the si
Aaron received credit of$48 on a purchase of $960. What percent of$960 is 48%?
a. Use the line of random numbers to obtain and report the resulting list of heads and tails. Use H for heads and T for tails.Q0000 00.000 0.0.000 00000
laws of exponent : multiplication  and power to a poweranswer and help me step by step
Reflect the given coordinate points across the line y= x
Rewrite (4x^4 + 8x^2 + 3)/(4x^2) in the form q(x) + r(x)/b(x) where q(x) = quotient, r(x) = remainder, and b(x) = divisor.