Yaboytoneeego Yaboytoneeego

Mathematics

Answered

ANSWER QUICK
If the simple interest on $1,000 for 6 years is $420, then what is the interest rate?

Answer :

Bhadelsimron19go Bhadelsimron19go

Answer:

Step-by-step explanation:

I=PTR/100

$420=$1000*6*R/100

$420*100=$6000*R

$42000=$6000*R

$42000/$6000=R

7=R

therefore rate of interest is 7%

Answer Link

Go Teaching: Other Questions

Who Was The Sixth King Of The First Babylonian Dynasty Who Wrote One Of The Earliest Codes Of Law In History

The Mean Is The Average Of The Data. You Find It By Adding All Of Your Data Together, Then Dividing By The Number Of Data Points You Have. Example: 4, 1, 5, 1,

Research Indicates That Catharsis Generally Reinforces The Tendency To __________. Calm Down Quickly After A Provocation Deal With Anger In Adaptive Ways Lash O

What Is The Subject Of This Sentence? The Pirate Sang An Ancient Tune On His Ship

A Full Container Of Juice Hold 64 Fluid Ounces How Many How Many 7 Fluid Oz Servings Are Of Juice Are In A Full Container

Desperate please Hurry Question Down Below

Can Someone Please Help Me Verb Practice Active Or Passive (1)Kylee Writes A Letter To Her Friend In Scotland Every Week. (2)So Many Colorful Birds Live In The

Julie Is Buying Chocolate Chip And Oatmeal Cookies from The Bakery. Chocolate Chip Cookies Cost $0.25 And oatmeal Cookies Cost $0.20 Each. She Wants To Buy A mi

Pls Help I Return This Tomorrow And I Need Help

¿Te Gusta Ver La Televisión ____________el Invierno? Sí, Me Gusta Ver La ____________ En El Invierno. ¿Te Gusta Leer En ____________? No, No Me Gusta Leer En Ma

What Is The Relationship Between Dubois And The Other World"?

Ms. Thompson Is Grading Math Tests. She Is Giving Everyone that Took The Test A 10-point Bonus. Each Correct Answer Is worth 5 Points. Write An Equation In Slo