GaryTheSnail GaryTheSnail

10-03-2017
Mathematics

contestada

Jennifer earned $249.60 in 6 1/2 years on a $640 investment. What was the simple interest rate?

Respuesta :

rarrininger rarrininger

10-03-2017

I = P x R x T

$249.60 = $640 x R x 6 1/2

$249.60= 4160 x R

$249.60/4160 = 4160 /4160 x R

R= .06 * 100 = 6%

Check
I = P x R x T
$249.60 =$640 x 6% x 6 1/2
$249.60 = $249.60

Answer Link

Aliwohaish12 Aliwohaish12

10-03-2017

R=i/pt
R=249.6/640*6.5
R=0.06*100=6%

Answer Link

Otras preguntas

can someone help with these four? i don’t understand this at all. thanks!

QUESTION Which of the following is true regarding active transport? Choose 1 answer: (Choice A) An input of energy is not needed for it to occur. (Choice B) It

Deciphering protein evolution and fitness landscapes with latent space modelsDeciphering protein evolution and fitness landscapes with latent space models

3) Write an equation for the nth term of the arithmetic sequence 7,3,-1, and -5, .... Then find a30

Randolph calculated the correlation coefficient to be 0 when counting bacteria growth over a period of 14 days. He concluded that there is no relationship betwe

The keynesian model focuses more on short-term fluctuations caused by business cycles and the neoclassical model focuses more on ________.

It is safe to block a portion of the pulmonary circulation with MAA particles in patients with suspected pulmonary emboli because the

Two capacitors are connected in parallel across the terminals of a battery. One has a capacitance of 2.0 mF and the other a capacitance of 4.0 mF. These two cap

(2016 AMC 10A Problem 20) For some particular value of N, when (a b c d 1)N is expanded and like terms are combined, the resulting expression contains exactly 1

Surveys of cfos indicate that they spend more time managing working capital than they spend on most other activities. a) true b) false