davidsantos5177 davidsantos5177
  • 03-03-2022
  • SAT
contestada

Raul deposited $3000 into a bank account that earned simple interest each year. After 3. 5 years, he had earned $262. 50 in interest. No money was deposited into or withdrawn from the account. What was the annual interest rate?

Respuesta :

paulnneji
paulnneji paulnneji
  • 04-03-2022

Answer:

262.50-3000=222.50

therefore 3000×100/222.50×3.5=$4,719

Answer Link

Otras preguntas

describe one way that cells use water
What is the value of –6 • 4 + (–7) • 3?
is 3/10 greater than 1/2
What are integers from 6.32-10.99
Which of the following is a unit of measurement in the metric system? Pound Gram Mile Fahrenheit
Kelly plans to take juice on her camping trip.Which will hold more juice 8 cans or 2 bottles?How much more? One can holds 150 mL and one bottle holds 2 L.
DNA makes a good molecule for storing information because? its bases can be joined together in any order, like the letters of the alphabet can be strung to form
what is 300/2000 in the form of a fraction, decimal, and percent?
how does the appearence of a histogram change when u use many small intervals then when you use a few large intervals
What does the line y=3x-7 look like?