anniemfhq
anniemfhq anniemfhq
  • 04-02-2021
  • Mathematics
contestada

If the simple interest on $6,000 for 9 years is $4,320, then what is the interest rate?
The rate is ?

Respuesta :

MESSUTUDIENICE MESSUTUDIENICE
  • 05-02-2021

Answer:

6.48%

Step-by-step explanation:

the rule of the simple interest is:

I=PRT

but here we want the rate, and we have I and P and T

so put the rate on 1 side, and all the given numbers in other side

the rule will be like this:

R=I/PT

R=4320/6000×9

R=6.48%

Answer Link

Otras preguntas

What is the symbolism behind Mrs. Sommers’ name?​
What part of the plant develops into the fruit? F. The stem G. The leaves H. The flower J. The root
hellp meeeeeeeeeeeeeeeeeeeeeeeeeeeeee
O A. "I'm a hard worker." O B. need more help.' • C. "I wonder if my friends are good at this." C D. "Will this be over soon?"
Which FITT principle means how hard your body is working? Frequency Intensity Type Time
Round 21254 to the nearest thousand
Jogging laps on a track is a ___________ activity. speed balance muscular strength cardiorespiratory
Masking decisions are made when developing a refinishing plan. True O False Table of Contents
Complete a online search and write at least two sentences to explain the relationship between the two organisms (Humans and the domestic dog). Example : how do
Choose the statement which is not true: Select one: a. Adolescent boys temporarily decline in affective empathy between the ages of 13 and 16 b. Children learn