aestheticcloudy61
aestheticcloudy61 aestheticcloudy61
  • 23-04-2022
  • Mathematics
contestada

What is the interest rate if
$7200 is invested for 2 years and
earns $855?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 23-04-2022
Answer:

5.94%

Step-by-step explanation:
Interest earned=amount invested ×time×interest rate

855=7200×2×interest rate
Interest rate=855/(7200×2)
Interest rate= 0.0594×100=5.94%
Answer Link

Otras preguntas

how are the cummutative property of addition and the commutative property of multiplication aloke
There were 3 times as many children as adults at the school book fair. If there were 81 children, what was the ratio of adults to total attendees at the book fa
A cable installer charges 42.50 per hour plus a 45.00 service charge. your fathers firm hires him to hook up his company's internet service
Solve 4 and 5 pls just answer
What is the solution to 3|–3x + 9| = –18?
why it is important for scientists to share information with one another.
Need a problem statement for science project can plants grow without soil?
Large crystal rock that cools inside earth
An example of a sustainable resource use is the use of predators and parasites to
A spinner has equal regions numbered 1-15. What is the probability that the spinner will stop on an even number or a multiple of 3?