donriley2007 donriley2007

06-11-2020
Mathematics

contestada

If the simple interest on $3000 for 3 years is $720 , then what is the interest rate?

Respuesta :

edzdqzj8pa edzdqzj8pa

06-11-2020

Answer:

8%

Step-by-step explanation:

Starting Principal: $

3,000.00

Years:

3

Annual Interest Rate:

8

%

Results

Future Value, using...

Simple Interest: $

3,720.00

Annually Compounded Interest: $

3,779.14

Answer Link

Otras preguntas

Why can only the house of representatives introduce tax bills?

Waves move fastest in

The scale of a scientific drawing is 1 cm=2 in. if the actual length of an object in the drawing was 4.5 inches, how long would it be in the drawing

find the missing value in the following proportion 8/13 = k/11

A950-kg cylindrical can buoy floats vertically in salt water. the diameter of the buoy is 0.900 m. calculate the additional distancethe buoy will sink when a 70

What term refers to the finger-like extensions of an amoeba's body?

Which of the fowllowing best discribed U.S. society? A. Community-oriented B. Individualistic C. Reliant on social class D. Oppressed by the government This que

The perimeter of a rectangular floor is 80 feet. Find the dimensions of the floor if the length is three times the width

Excerpt from: A Charmed Life Richard Harding Davis 15 "But why punish me?" she protested. "Do I want the war? Do I want to free Cuba? No! I want YOU, and if y

Given the cost function, C(x), and the revenue function, R(x), find the number of units x that must be sold to break even C(x)=16x+36,000 and R(x)=18x