lex125 lex125
  • 03-11-2016
  • Mathematics
contestada

He has $4,200 to invest, for college if he invests 4200 for 3 years and year and earns $630 what is the simple interest rate

Respuesta :

taylorh99 taylorh99
  • 06-11-2016
I=Prt

r=I/Pt

r=630/((4200)(3))
=0.05*100
=5%
the simple interest rate it 5%
Answer Link

Otras preguntas

Noj has the following test scores 76, 84, 69,74,91 His teacher will allow him to retake the test on which he scored the lowest. Noj wants an average of at least
the westside bakery uses 440 pounds of sugar to make 1,000 cakes each cake contain the same amount of sugar how many pounds of sugar are used in each cake
What types of gas molecules typically diffuse and effuse faster?
Alex live 500 yards from the park how many inches does Alex live from the park
(LC)Which territorial acquisition was the result of a rebellion supported by the U.S. military? Samoa Midway Island Hawaii the Virgin Islands ITS NOT A IM
how many terms are in this expression? 2xy-3x
Why was the Reapportionment Act of 1929 passed? The number of senators per state was changing as the country expanded. Congressional districts were redrawn to e
What is the GCF for 24, 48m
what is believed to have weakened Solomon as a king
ending time: 10:08 am elapsed time: 30 minutes