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

What is the difference between percent difference and percent change?
Explain how environmental factors affect the rate of transportation in flowering plants
The table shows test scores for six students. Do the data show a positive or a negative correlation? Can the data be used to show causation?​
A volunteer group is planting trees at 6 different parks. They planted 70 trees at each park. How many trees did the group plant in all?
Hecho historico que paso en el castillo de manzanares
PLEASE HELP!!! CHOOSE THE SOLUTION TO FOLLOWING INEQUALITY (in picture)
What would be the effect on the polarity of the molecule formed when CCl4 has one Cl replaced by an H?
Two negatively charged objects exert a force on each other. Describe the force between the objects, and describe two ways to increase the force between them.
1/5(20t - 15) ANSWER ASAP PLS
hirokis goal is to collect $40 for a school fundraiser