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

Why were English writings against the law in Catholic Spain?
Someone please help me with finding the resistance of these circuits! I will give brainliest if right!!
Helppppp me prettyyyy pleaseee
PLS PLS PLS FAST IT'S DUE TODAY
6 millones restado 300¿
Loyalty to one’s country or to people with a common language, religion, and history is known as militarism. nationalism. mobilization. conscription.
A train travels 146 miles in 2 hours. At this rate, how many miles will it travel in 3.5 hours?​
What do you infere about using nonrenweable vs renewable resources and the effect this has on the cost of energy
Question- Do you get it? What happens during Anaphase I? A. Tetrads line up down the middle of the cell! B. Chromatin condenses to form visible chromosomes! C.
A military paralegal must: A. be organized and detail-oriented. B. work with many different people at once. C. know how to multitask. D. all of the above.