Seudónimo Seudónimo
  • 10-02-2017
  • Mathematics
contestada

You put $100 in an account. the account earns $2 simple interest in 6 months. What is the annual interest rate?

Respuesta :

Dave1357
Dave1357 Dave1357
  • 10-02-2017

The annual interest rate will be $12 since

6 months * $2 = $12 annual interest rate

Answer Link

Otras preguntas

Traveling south from the Finger Lakes Seneca Lake Cayuga Lake and Oneida Lake the first border you would cross is the... please help me as fast as you could
In addition to manumission, what was another way slaves achieved free status in African societies?
Lipids with high polyunsaturatd fatty acid content are ____________ at room temperature.
S = 6ab + 4a^3Make b the subject of the formula
The table below shows the results of a survey in which 141141 men and 145145 women workers ages 25 to 64 were asked if they have at least one​ month's income se
Which type of operation writes the file system structure to the disk?
Delilah does 184 jumping jacks in 4 minutes. She does her jumping jacks at a constant rate. How many jumping jacks can Delilah do per minute?
In the formula for water ,(H2O), what does the lack of subscript after the O indicate? A.There are no oxygen atoms in the compound. B.There is one oxygen atom i
what does an arrow represent in a reaction equation?
According to article viii of the articles of confederation, who is responsible for supplying funds for the war effort against great britain?