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

I need help plz with this.
Plants produce glucose and store it in the form of ___. Fungi and ___ store glucose in the form of ___.
What is a reasonable approach for choosing between the various methods for solving quadratic​ equations? Choose the correct answer below. A. Start by factoring.
Endocytosis and exocytosis forms of what
Move each feature to the appropriate category based on the process that causes its formation Erosion by waves : Deposition by waves Beach Sea arch Sandbar B
Sarah can type 600 words essay in just 8 minutes. How long will it take Sarah to type 2,100 words essay? please helppp
The sum of three consecutive odd integers is 18 less than five times the middle. Find the three integers.
How is good governance different from bad governance?​
10/28 Animal cells do not have chloroplasts. Why is this the case? Why do plant cells have chloroplasts? (Answer in 3-5 sentences)
While serving in the Union army, African Americans faced all of the following except