fiamalka fiamalka

11-09-2020
Mathematics

contestada

Eliana has $2600 to invest for 6 months. If she needs the money to earn $104 in that time, at what rate of simple interest must Eliana invest?

What equation would I use to solve this?

Respuesta :

20cash2019 20cash2019

11-09-2020

Answer:

8%

Step-by-step explanation:

I=Pr

104=2600*r/2

r/2=104/2600

r=(104/2600)(2)

r=0.08=8%

Answer Link

Otras preguntas

Search results for "A shipment of 18 cars, some weighing 3,000 pounds, and the others weighing 5,000 pounds each. Together the shipment has a total weight of 30

C(squared)L(squared) + 100v(squared) = 100c(squared)I have to solve for L

List 3 commercial uses of sponges.

C(squared)L(squared) + 100v(squared) = 100c(squared)I have to solve for L

What is the quotient of -1 4/5 and 2 1/4?

C(squared)L(squared) + 100v(squared) = 100c(squared)I have to solve for L

How does 4/15=14/n? What does n equal?

Search results for "A shipment of 18 cars, some weighing 3,000 pounds, and the others weighing 5,000 pounds each. Together the shipment has a total weight of 30

What is the quotient of -1 4/5 and 2 1/4?

C(squared)L(squared) + 100v(squared) = 100c(squared)I have to solve for L