Seudónimo Seudónimo
  • 02-11-2016
  • Mathematics
contestada

if pablo invests 4,200 for 3 years and earns $630 what is the simple interest rate

Respuesta :

Dakohta112 Dakohta112
  • 02-11-2016
Assuming by simple you mean there is no compound interest:

4200 x Interest rate = 630/3

4200 x Interest rate = 210

Interest rate = 210/4200

Interest rate = 0.05

Interest rate = 5%
Answer Link

Otras preguntas

(25 POINTS) Read the following selection carefully, paying close attention to detail. She was thirty–eight or thirty–nine. She lived in a small frame house wit
A small grinding wheel is attached to the shaft of an electric motor which has a rated speed of 4200 rpm. When the power is turned on, the unit reaches its rate
Solve for x in the equation x squared minus 10 x + 25 = 35.
49​% of U.S. adults have very little confidence in newspapers. You randomly select 10 U.S. adults. Find the probability that the number of U.S. adults who have
Out of the Fabulous Four, what is your favorite Killjoy? A. Party Poison B. Fun Ghoul C. Jet Star D. Kobra Kid
HURRY HELP PLEASE THANKS Solve the equation. ​ Don't forget to first simplify each side of the​ equation, if possible. Check each solution. [tex]\frac{2}{3}x+1=
Need help with this programming question plz!
n resistance is each of resistance R is first connected in series and then in parallel what is the ratio of series and parallel combination​
Monica is eager to communicate with her friend by typing and receiving text in real time. Which online tool will help Monica do so?
reasons for good care on computer​