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

What is the area, measured in square centimeters, of the rectangle pictured below?
Please help me with this math question!
16. Find the volume of the figure. 28 cm 15 cm 15 cm
How many gametes are produced during meiosis
Bon is an example of: A Universalizing religion B Ethnic religion C Denomination D Stupa After his Enlightenment, Buddha traveled to Rome. A True B False
The greater the difference in pressure between areas, the __________ the wind will be. A) stronger B) weaker
The shorthand used by chemists to denote fatty acids is based on which guideline
The graph below shows the transformation from triangle 1 to triangle 2. - Which sequence of steps would transform triangle 1 to triangle 2? reflect across the y
If it takes 600 n to move a box 5 meters, how much work is done on the box
Tariq doesn’t want his kids to give in to peer pressure to smoke. According to the inoculation hypothesis, one way he could build up their resistance to potenti