Seudónimo Seudónimo
  • 03-11-2016
  • Mathematics
contestada

After seven years, an initial investment of $600 earned $84. Find the interest rate.

Respuesta :

Аноним Аноним
  • 03-11-2016
The simple answer is if you don't read into the question is. 84) divided by 7 which is 12%
Answer Link
glennzhang98 glennzhang98
  • 03-11-2016
If the interest rate never compounds, then the rate would be 84/600 = 14%
Answer Link

Otras preguntas

How many moles of propane, C3H8, would need to combust in order to produce 36 moles of carbon dioxide, CO2?
PLEASE HELP ME Which of the following accurately completes the blanks in the Governor's "Election & Term" box? A. two; majority of popular vote B. three; pl
effects of drought on people health​
How to write a hypothesis about how changes in technology affect society?
A park bench is located 16 3/4 ​feet due north of an elm tree. A fountain is located 9 1/4 ​feet due south of the same elm tree. What is the distance in feet be
On Thursday it snowed 3 ½ inches in 4 hours. On Friday it snowed 8 inches in 9 hours. On which day was it snowing faster?
Explain how to use the standard normal table to find the probability associated with the shaded area under the curve
I NEED HELP!! I'll give you 50 points and a brainlist if you figure this out, all you have to do is to Solve the following multi-step equation, and write it out
Help me outttt please?
Simplify fully 4xy2/8xy​