tirickalw
tirickalw tirickalw
  • 04-02-2021
  • Mathematics
contestada

If the simple interest on ​$7000 for 3 years is ​$1890​, then what is the interest​ rate?

Respuesta :

fnej
fnej fnej
  • 01-04-2021

Answer:

0.09 or 9%

Step-by-step explanation:

I = Prt

Given:

I = 1890

P = 7000

t = 3

Work:

I = Prt

r = I/(Pt)

r = 1890/(7000 x 3)

r = 1890/21000

r = 0.09

Answer Link

Otras preguntas

Which procedure would MOST LIKELY have been followed if Mrs. Hutchinson had not attended the lottery drawing in "The Lottery"?
Define 'Sexual Tension'. Gimme any answer you want XD Have a good day
How does White Fang feel about Weedon Scott after he gets to know him? A. White Fang feels Weedon Scott has betrayed him. B. White Fang is deeply suspicious
The new horizons spacecraft sent a microwave signal as it reaches pluto. The average distance of pluto from the sun is 5.91(10)^12 metres and the average distan
Which event brought about the Panic of 1873? A) the end of the Civil War B) the start of Reconstruction C) several banks ran out of money D) several major stock
what is the wavelength of a wave? A.the ammount of cycles that occur in a given time B.the ammount of time that occurs in one full cycle C.the distance between
According to qian long, why are european missionary activities restricted in china?
Whoever answers best gets the brainliest!!:)
how much do you need to substract from 57/10 to make 5?
How does income inequality contribute to the problem described by the author