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 the original source of the energy that transfers through the food web to a meat eating animals such as a cat
You can help make sure to get enough sleep every night by
Difference between Hinduism and Buddhism
A counterexample for the expression sin y tan y= cos y is 0.
HELP These images represent waves. Which wave has the highest frequency?
The graph of f(x) = 7x is shifted 6 units to the right. What is the equation of the new graph? A. g(x) = 7x + 6 B. g(x) = 7(x - 6) C. g(x) = 7(x + 6) D.
The please help!!! Will give brainliest!!!
Five friends share 3 bags of trail mix equally. What fraction of a bag of trail mix does each friend get? Please explain or show your work! :)
What is the sequence during cellular respiration
63. Weat the scene when the alarm went off(A) have just arrived(C) arrived(6) were just arriving(D) had just arrived​