precious360 precious360

10-04-2020
Mathematics

contestada

Your savings account earns simple interest. You put in $400 2 years ago and have earned $40 in interest. What is the interest rate?

Respuesta :

dylanlynn0815 dylanlynn0815

10-04-2020

Answer: 5% by year

Step-by-step explanation:

You earned 40 bucks in 2 years so divide that by 2 and you get 20 bucks.

You put in 400 dollars and earned 20 bucks per year which is 5% of 400.

Answer Link

Otras preguntas

Why might the olmec have carved their leaders' heads in colossal size?

Which variable in a person with coronary artery disease increases the likelihood of a strong genetic influence in its expression?

What was the first thing darwin notcied noticed that amazed him\\\\\\\\\?

The sum of 3 integers is 56. if one of the integers is the square root of 625, and the second is twice the square root of 81 , then which prime number must be t

A car is traveling at a rate of 54 kilometers per hour. what is the car's rate in kilometers per minute

Which sentence shows ownership correctly? Emma and Kyles grades for the year were the best in the class. Emmas and Kyles grades for the year were the be

Find the product. y 4 · y 5

What key changes did emancipation make in the political and economic status of african americans? discuss the expansion of citizenship rights in the post-civil

To control the river the Egyptians built ___________ ditches

The landform that creates a physical boundary separating Mexico from the US state of Texas is __________.