elizabethdavidson4 elizabethdavidson4

11-04-2021
Mathematics

contestada

A man borrowed $8000. He paid $10100 after 9 months for the debt. What was the interest rate per annum?

Respuesta :

clarch19 clarch19

11-04-2021

Answer:

3.5%

Step-by-step explanation:

Interest = 10100 - 8000 or 2100

I = Prt

2100 = 8000(9/12)r

2100 = 600r

2100/600 = r

3.5 = r

Answer Link

Otras preguntas

A roll of steel is manufactured on a processing line. The anticipated number of defects in a 10-foot segment of this roll is two. What is the probability of no

Selling, general, and administrative expenses were $160,600; net sales were $730,000; interest expense was $17,500; research and development expenses were $76,6

An oxidation-reduction reaction in which 3 electrons are Transferred has ∆G° = +18.55 kJ at 25°C? What is the value of E°?

Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper bus

answer answer answer it it it

what is your favorite generation of the mustang?

If 2y = 6 - 3x, find y when x = 0

Read the following quote and answer the questions below: "We'll give you one kid to take with you to show we can get them out," Roberts said. "You already have

In the Rhombus, m<3=80. Find m<2 160 80 50 40

How does the story of the scientists and the dead rats illustrate the principle of "not jumping to a conclusion?"