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

If c(x)= 5/x-2 and d(x)=x+3

why did President John Adam want quiet support for the French in the United States?

what are some of the titles of elected county officials and what do they do?

Which sphere exists because of there is liquid iron as part of the earth's core?

What does the phrase,"Such a sorrow doesn't come suddenly, there are thousand steps to take before you get there," mean?

would an astronomor use x-ray tech.

suppose y varies inversely as x. if x =-13 and y =100, find y when x = 5

Mr malkmus replaced 75% of the wooden boards on his deck. If he replaced 63 wooden boards, how many boards does his deck have in total?

The us government has registered ___________________ on behalf of business firms to protect a particularly distinct element each has selected for its ability to

Select the correct properties of slope below. select all that apply I WILL GIVE BRAINLYEST IF YOU GET IT RIGHT A.The slope of a flat line should be close to 0.