sofiarvargas09 sofiarvargas09

04-03-2022
Mathematics

contestada

You deposit $400 in an account. The account earns $18 simple interest in 9 months. What is the annual interest rate?
The annual interest rate is
%?

Respuesta :

mdilipthapamagar mdilipthapamagar

04-03-2022

Answer:

6% Ans

Step-by-step explanation:

p =$400

i=18

t=9/12 = .75 year

Now

si=ptr/100

18=400*.75*r/100

1800=300r

r=1800/300

r=6% Ans

Answer Link

Otras preguntas

6. A block with a mass m = 2.0 kg slides down a ramp inclined at an angle 0 = 30° as shown below. The block accelerates at a rate of 2.3 m/s?. a. Find the compo

Verify that a²-b² /a+b = (a-b)

Quarry Industries issued $250,000 in bonds last year to fund an expansion. Each of the bonds has a par value of $1,000 and a coupon rate of 3% paid semi-annuall

A constant force applied to object A causes it to accelerate at 6 m/s2. The same force applied to object B causes an acceleration of 3 m/s2. Applied to object

Hari wants to buy a cricket bat of the cost Rs. 728.75 and a pair of gloves of the cost Rs. 837.65. Find the total amount he needs.

what similarities do you observe among the firstfive given sample? Write these common characteristic

Which expression is equivalent to 5^-6*5^-1

State Newton’s First Law

HELPPPPPPPPP!!!!!!!!!!!!

who is eberechi chinonso favour