Naomiiiii
Naomiiiii Naomiiiii
  • 04-01-2017
  • Mathematics
contestada

Find the annual simple interest rate.

I=$426, P=$1200, t=5 years

Respuesta :

Аноним Аноним
  • 04-01-2017
1200 * i * 5 = 426
6000i = 426
i =426 / 6000
i =0.071

0.071 = 7.1%

answer: annual simple interest rate = 7.1%
Answer Link

Otras preguntas

7=x+12 a-19 b-5 c4 d5
Which speaker describes an action that occurred during Mexico's fight for independence from Spain? Speaker 1 Speaker 2 Speaker 3 Speaker 4 plz hurry
Don't answer unless you know all of it pls ill give brainliest
Which of the following statements best explains how the Bolsheviks took power? Select all that apply. a) Kerensky issued a major attack on the Germans and they
Fill in the blank in the following sentence with the appropriate verb form below. Mi amigo y yo - a la clase de química. O A. vamos O B. vais O C. voy O D. va
In the election where is each party's strength and why
16. If 3x2 = 2y = 12, what is the value of x2y
Pleaseee I need help
What is Bethany's score on the test if she got 23 out of 30 right? (Round to the nearest whole number.)
It is often said that a writer's voice shines through anything that they create, if they have used the tools of writing to effectively find their voice. What ar