poohbearelm44 poohbearelm44
  • 20-03-2018
  • Mathematics
contestada

if $420 yields $31 in simple interest over 30 months what is the annual rate

Respuesta :

zrh2sfo
zrh2sfo zrh2sfo
  • 20-03-2018
Simple interest=Principal*Rate*Time
31=420*R*2.5 years
r =2.95%
Annual rate of interest=2.95%
Answer Link

Otras preguntas

Math help please! - ( 3/5 )
How many years ago was Christopher Columbus' famous voyage to the New World (1492)?
Why do some people protest against Christopher Columbus being seen as a hero? (please give around a paragraph)
May someone help me
Solve for x please help
21. 3a + 5b = -27 4a + 10b = -46 how to solve with substitution
Elements can be described by their properties. Some of these properties are physical properties and some are chemical properties Observe the list provided. Whic
HELP ME FAST!!!!!! I'M TIMED Read the excerpt from Narrative of the Life of Frederick Douglass. She was nevertheless left a slave--a slave for life--a slave in
to become a liqud or part of a liqud
Select the correct answer. Which word or phrase logically completes this sentence? Je n'aime pas les endives c'est trop amer. А. pourquoi B. tu sais C. parce qu