jaidync1026 jaidync1026

21-11-2021
Mathematics

contestada

Kala invested $8000 in a fund for 6 years and was paid simple interest. The total interest that she received on the investment was $2400. As a percentage, what was the annual interest rate of her investment?

Respuesta :

faris2009 faris2009

21-11-2021

Answer:

33.3%

Step-by-step explanation:

8000 divided by 2400 is 3.33

3.33 x 10 is 33.3 to make it out of 100%

so she gets one third of her investment

Answer Link

Otras preguntas

Why wouldn't Kenny look at Joetta when she talked to him from the bedroom door?

Which equation does not represent a quadratic function? A.Y = (x + 3)2 B. y = 3x2 C. y = 6x2–1 D. y= x + 5

please help me find the solution

I need help with this ASAP please. This is basic carpentry, I just missed the first half of the year so I am a little behind. Can somebody answer the two questi

Which set of ordered pairs (x, y) could represent a linear function?

Mercutio has a long speech that begins, "O, then, I see Queen Mab . . ." Based on this speech, does Mercutio think that dreams reveal important truths about the

Asia is 10 years older than Rani. The sum of both of their ages is 200. How old are Asia and rani

True or False:Houston, Texas received approximately 2 inches of snow on February 15, 2021. Based on this, we can now say Houston's climate consists of long, fre

On Monday morning, Raj had $225 in his checking account. The table shows activity in the account for the next four days. What was the balance in Raj’s checking

Ryan is saving for his college tuition. He has $2,550 in a savings account that pays 6.25% annual interest.