28geetgill 28geetgill

19-05-2022
Mathematics

contestada

if the simple interest on $1,000 for 4 years is $320, then what is the interest rate?

Respuesta :

eseelearning eseelearning

19-05-2022

Answer:

8%

Step-by-step explanation:

assume simple interest rate = r

interest = 1000 * 4 * r = 320

r = 320/4000 = 0.08 = 8%

Answer Link

Otras preguntas

1. Write the following expression with 1 base and 1 exponent. (4^6)2

a wheelbarrow contains two simple machines - a lever and a wheel and ax. for a certain wheelbarrow, the lever has an efficiency of 72%, and the wheel and axle h

Complete the table below. If it is possible to work out the measure of the angle, write it down and show your method. If it is not possible, explain how you kno

Answer the question below pls

explain 3 roles of kalinago leader

How many grams of chlorine are required in order to consume 85g of sodium? 2 Na +1 C12 + 2 Naci

PLEASE GEOMETRY HELP WILL MARK BRAINLIEST!!!

Two families went to Rollercoaster World. The Garcia family paid $170 for 3 children and 2 adults. The McGruder family paid $360 for 4 children and 6 adults. If

Transcribe the following DNA Strand: AGT TAC AAG TCG TTT TTC CAT ATC AAA

What 2 numbers can be multiplied to make -100 as well as added to make -21?