kaiguy1284 kaiguy1284
  • 19-02-2021
  • Mathematics
contestada

If the simple interest on $2,000 for 2 years is $280, then what is the interest rate?

Respuesta :

aridjmahamat aridjmahamat
  • 21-02-2021

Answer:

0,28percent

Step-by-step explanation:

If simple interest formula is = P X r X t

Then  interest rate = p X t/ I

Answer Link

Otras preguntas

Do thr Congress makes laws in the United State​
You have been managing a $5 million portfolio that has a beta of 1.05 and a required rate of return of 9.775%. The current risk-free rate is 4%. Assume that you
Find the value of x
First person to respond with be marked as the brainliest answer g(3)=
Please Help!! (I need three examples) What domestic policies (if any) of Jefferson embodied the Democratic-Republican party?
Imperfect verbs 1. Yo____muy bein educado A. Ero B. Era C. Estaba D. Fue 2.Ella________a la guarderia infantil con su hermano A. Fui B. Era C. Iba D. Est
If this pattern continues,represent the number of sit ups she does per minute for the first 5 weeks of training as a numeric sequence
Which of the following can be predicted using the activity series? Speed of an acid-base reaction Speed of a double replacement reaction Possibility of a dou
Mr. Trueword cut a roll of paper into 9 pieces. Each piece was 3 1/3 meters long. How long was the roll of paper?
PLEASE HELP IM ON A TIMER!!!!!!!!!!!!!!!!!!!!!! Study the map and map key. Use the information in the map to answer the questions. A map of the ancient Middle E