Alexandram7761 Alexandram7761

04-05-2021
Mathematics

contestada

Derek deposited $3,000 in simple interest account 3years ago. He had earned $360 in interest so far. What is the interest rate for his account?

Respuesta :

drmallery drmallery

04-05-2021

Answer:

4%

Step-by-step explanation:

He earned 120/year (360/3-120)

determine interest rate

120/3000=.04 0r 4%

Answer Link

Otras preguntas

how did cyrus the great hold his growing empire together

6x-5y=22 y=-8 using systems of equations by substitution

Show your work please john wants to know the square footage of his living room in order to lay new hardwood floors. The living room has vertices at the coordina

when you open a solid room air freshener, the solid slowly loses mass and volume. how do you think this happens?

what fraction of two pounds is fifty pence?

Do natural numbers have multiplicative inverse

The strongest voice in shaping foreign policy belongs to __________.

What is the answer to this , 6.6=w-1.2 w=

In eukaryotic cells, the timing of the cell cycle is regulated by

greatest common factor of 69 and 46