Seudónimo Seudónimo
  • 02-11-2016
  • Mathematics
contestada

if pablo invests 4,200 for 3 years and earns $630 what is the simple interest rate

Respuesta :

Dakohta112 Dakohta112
  • 02-11-2016
Assuming by simple you mean there is no compound interest:

4200 x Interest rate = 630/3

4200 x Interest rate = 210

Interest rate = 210/4200

Interest rate = 0.05

Interest rate = 5%
Answer Link

Otras preguntas

which of the following is NOT am example of a polymer? Protein Nylon Kevlar Concreta HELP
what problem made china reluctant to improve relations with the united states?apex answer
Captain Umaima has a ship, the H.M.S. Khan. The ship is two furlongs from the dread pirate Nadia and her merciless band of thieves. The Captain has probability
Which equation represents the function on the graph?
The slope of the line whose equation is y - 3 = 0 is 0 3 no slope
9. Types of literature that are told from a _____ point of view include autobiographies, memoirs, diaries, and journals.
Use matrices to solve this linear system: 5x1 − 2x2 = −30 2x1 − x2 = −13 x1 = x2 =
The dance committee of Pine Bluff Middle School earns $72 from a bake sale and will earn $4 for each ticket they sell to the Spring Fling dance. The dance will
The formula for the area of a square, where the side length is the independent variable and the area is the dependent variable, is a function, because the poin
On a scale 1 to 10 how responsible are you? Explain your answer