huertajoellee huertajoellee
  • 03-11-2019
  • Mathematics
contestada

If the simple interest on ​$6,000 for 2 years is ​$840​, then what is the interest​ rate?

Respuesta :

hiiguys hiiguys
  • 03-11-2019

Answer:

7 %

Step-by-step explanation:

  • i do not know if you use this but I use S.I=P×R/100×T
  • S.I=840
  • P for principal(the money you borrow or lend) =6000
  • T for time=2 years.
  • R for rate=???
  • In order to find out the rate, you need to substitute all these numbers into their respective places.
  • 840=6000×r/100×2
  • 6000/100=60
  • 840=60×r×2
  • 840=120r
  • r=7%
Answer Link

Otras preguntas

x=-2, y=3,1 = 2, then​
In an environment, too many organisms of one species is present, exceeding the carrying capacity. What is most likely? A The animal population will decrease B
The stream of water from a fountain follows a parabolic path. The stream reaches a maximum height of 12 feet, represented by a vertex of (8,12)​ , and lands 16
Who is the best rapper in the world
An experiment was conducted to study the use of 95% ethanol versus 20% bleach as a disinfectant in removing contamination when culturing plant tissues. The expe
Who can answer this ASAP
Pls help I need a good grade
Alkenes provide many ways for incorporating oxygen atoms at specific locations in our molecule. a. True b. False
What group fought against British colonist in Australia?
Read the excerpt from "Mother Tongue." I am a writer. And by that definition, I am someone who has always loved language. I am fascinated by language in daily l