Seudónimo Seudónimo

13-12-2016
Mathematics

contestada

If an interest is $57.75, the principal $550, and the time 3 years, what is the interest rate

Respuesta :

13-12-2016

Interest rate = I * 100 / P * R
r = 57.75 * 100 / 550 * 3
r = 5775 / 1650
r = 3.5

So, your final answer is 3.5%

Hope this helps!

Answer Link

Otras preguntas

What is meaning of Mutual fund? Don't spam

A solution that has a pH of 6.8 a. is acidic. b. is basic. C. is alkaline. d. has a neutral pH. PLS HELPPPP

List out 20 output devices

Which of the following is the written form of 1,378? ciento treinta y ocho b. mil trescientos setenta y ocho d. a. C. setecientos treinta y ocho mil setecientos

The government of a small country has announced that they have a goal of stable population numbers. What will the government need to balance to achieve this goa

which ways teacher can record experience dictate story

How many solutions will each system of equations have? y=-2x+5 and 2x + y = -7

What is the molarity of a solution containing 150 g of zinc sulfate (ZnSO4) per liter?

p and q are two numbers.whrite down an expression of. a.) the sum of p and q. b) the product of p and q

Here the math question i need help on