jessicaanes31 jessicaanes31

04-02-2022
Mathematics

contestada

If the simple interest on 7,000 for 2 years is 1,120, then what is the interest rate

Respuesta :

opeyemiagboola177 opeyemiagboola177

06-02-2022

Answer:

using I= prt/100

p=7000-1120= 5880

1120=5880×r×2/100

112000=11760×r

r= 112000÷11760

r =9.52%

Answer Link

Otras preguntas

7 1/8-3 2/3 As a mixed number in simplest form.

Write the equation of a line in slope-intercept form, that is parallel to the line 3y = 5x - 8 .

Why is it impossible for unicellular organisms to use meiosis?

Simplify -9f - (0.5f) +0.25

HELP QUICK PLS HELP QUICK PLS

Who is responsible for writing the monologue/soliloquy that starts "To be or not to be, that is the question?" A. Ms. Hurn's mom B. Billy Bob Thornton C. Dr. Pa

If 62% of customers prefer low cholesterol bacon, what number of degrees on a pie chart would be used to represent this?

What is the percent markdown on an item costing $375 which is now on sale for $200?

what is five ninths plus four sixths

What does the following passage (paragraph __) mainly reveal about the author? Inside the honors building I immediately noticed all the dark skin in the waiting