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

You have been asked to create a multimedia presentation on your favorite artist. What should be one of your first steps in preparing your presentation? Practice

Which of the following sets could not be the lengths of the sides of a triangle? - {11, 14, 25} - {5, 6, 10} - {4, 4, 5} - {1, 2, 2} if more info than this is

What is water preservation and why do we need it?

NEED HELP FAST ILL MARK BRAINLIEST AND RATE 5 STARS AND SAY THANK YOU (50 points) Absolute magnitude: is the same as the apparent magnitude is always brighter

Did William Shakespeare have a great impact on history of the world?

Where did the Muslim religion originate?

Given V=2pir to the second h solve for h

Which of the following infectious agents cannot live outside of a human body for extended periods of time?

Which region on the map would have been DIRECTLY affected by the infestation of the boll weevil in the late-19th and early-20th centuries? A.5 B.4 C.3 D.2

After an hour on the expressway, your passengers need to use the restroom and they want to get some food. As you approach the next exit, what color sign will yo