anniemfhq
anniemfhq anniemfhq
  • 04-02-2021
  • Mathematics
contestada

If the simple interest on $6,000 for 9 years is $4,320, then what is the interest rate?
The rate is ?

Respuesta :

MESSUTUDIENICE MESSUTUDIENICE
  • 05-02-2021

Answer:

6.48%

Step-by-step explanation:

the rule of the simple interest is:

I=PRT

but here we want the rate, and we have I and P and T

so put the rate on 1 side, and all the given numbers in other side

the rule will be like this:

R=I/PT

R=4320/6000×9

R=6.48%

Answer Link

Otras preguntas

What is the approximate value of 120 degrees in radians?
I got these two questions wrong on my end of lesson assessment, I don't know how I got the wrong answer, I thought I used the correct formulas and all, could an
100 acres to 140 acres
what is the total of equal parts of 1/10
What did investors to that help trigger the stock market crash in 1929
A pencil measures 18cm long and now it measures 12.7cm long how much has been used
The Emigrants was written by ______. Gilbert Imlay H.H. Brackenridge Royall Tyler
how do you know that $21 30 is greater than 2/3
Based on the Inferno, what does Dante most likely consider monstrous?
The only church in existence during middle age was