jessetaylors34
jessetaylors34 jessetaylors34
  • 20-01-2022
  • Mathematics
contestada

Grace made $3,300 in interest by placing $10,000 in a savings account with simple interest
for 3 years. What was the interest rate?

Respuesta :

SufferingLife
SufferingLife SufferingLife
  • 20-01-2022

Answer:

11% interest rate

Step-by-step explanation:

3,300 / 3 = 1,100

$1,100 per year

1,100 / 10000

.11 = 11%

Answer Link

Otras preguntas

If there is no narrator in a play, how can you tell what is happening?
Roland wants to buy a jacket that is discounted 20% off the regular price. Which of the following is NOT a valid way to determine the amount of the discount?A M
help ONEICIDUCIDJCIEUCIF
Which term means "serious inflammation or infection of the lungs"? A pharyngitis B. pneumonia C. sinusitis D. pneumothorax
4. Which of the following is not a solution of 2x - 3y s 12? (2-5) (0,0) (4-1) (-3,4)
plese help plese plese
Identify the slope between the given points. (-6-8) and (0,4)
Form a polynomial whose zeros and degree are given. Zeros: -2, 2, 9; degree: 3 Type a polynomial with integer coefficients and a leading coefficient of 1 in the
Do not use a comma between the subject and the verb in any sentence. Give a sentence using that rule
What does Macbeths use of paradox in the line 149-“ cannot be I’ll, cannot be good” -indicate about his frame of mind?