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

Blocks with masses of 3.0 kg , 4.0 kg , and 5.0 kg are lined up in a row on a frictionless table. All three are pushed forward by a 20 N force applied to the 3.

If 40% of x = Rs 200

(-3,-2) reflected over the y axis

Describe the connection between the muscular system, nervous system, cardiac system, digestive system and endocrine system when the goat eats and how does the g

An expression with negative exponent cannot be written as expression with positive exponent

what had Andrew been thinking about? How would you like to describe the state of his thoughts? Ans-

A=16,c=14m,b=19m, find the angle C°,A,B

Sperms are produced in _______ and ova are produced in ________

Find the value of the variable X=????

Correct answer please? I can't figure it out