david15666415 david15666415
  • 01-10-2021
  • Mathematics
contestada

You have a principal balance in your savings account of $1200. After 1 year, you earn $24 of interest. What is the interest rate?

Respuesta :

tgtresemer tgtresemer
  • 01-10-2021
1200x=24
x=24/1200
x=.02
So the answer is 2%
Answer Link

Otras preguntas

what are the six main principles outlined in the Constitution?
Sarah cut 6 yards of ribbon from a spool. How much did she cut in inches?
A car travel at an average speed of 48 miles per hour. how many miles does it travel in 4 hours and 15 minutes
Multiply or divide as indicated. p^8 • p^-3 • p^2
how did the scientific revolution contribute to the enlightenment in europe during the 17th and 18th centuries
When a person may exercise discretion in the use and handling of property, she/he is said to have:?
Why do federal district courts not try cases dealing with military matters, grievances against the government, or tax disputes
Fill in the blanks please. •Rate: A _________ comparing two _________ with different kinds of _________ . •Unit Rate: A _________ that is _________ so that it h
an area of forest that experiences very little change in species composition is a?
A line is to be graphed through the point (–3, 0). which points can be used to create a line with an undefined slope through (–3, 0)? check all that apply. (–5,