huertajoellee huertajoellee
  • 03-11-2019
  • Mathematics
contestada

If the simple interest on ​$6,000 for 2 years is ​$840​, then what is the interest​ rate?

Respuesta :

hiiguys hiiguys
  • 03-11-2019

Answer:

7 %

Step-by-step explanation:

  • i do not know if you use this but I use S.I=P×R/100×T
  • S.I=840
  • P for principal(the money you borrow or lend) =6000
  • T for time=2 years.
  • R for rate=???
  • In order to find out the rate, you need to substitute all these numbers into their respective places.
  • 840=6000×r/100×2
  • 6000/100=60
  • 840=60×r×2
  • 840=120r
  • r=7%
Answer Link

Otras preguntas

The Aryan migration began its spread into india through the indus river valley because that area
2. Use the distributive property to rewrite the given expression without parentheses. 4(x +9) 4(x +9)=?
Which best explains how Yasir Arafat strengthened the case for Palestinian independence? He lessened anti-Israeli violence and persuaded the Israeli government
Based on this information, which alternative energy source should the community consider investing in?
The simplest form of 3 cube root of 162 is a3 cube root b
Simplify the expression below -3(10x + 4y) + 6(6x − 2y)
A football team lost 5 yards and then gained 9. What is the team’s progress?
how is energy can be changed from one state to another?​
A 6 sided die is rolled. Find the probability that either a 3 or a 5 is the number on top
0.0136 g + 2.70 × 10-4 g - 4.21 × 10-3 g = ?