lesli27 lesli27

10-05-2022
Mathematics

contestada

If $500 yields $43.49 in simple interest over 7 years, what is the annual rate?

Respuesta :

jsimpson11000 jsimpson11000

10-05-2022

Answer:

1.24 %

Step-by-step explanation:

500 * x * 7 = 43.49

x = 43.49/(7*500) = .0124 1.24 %

Answer Link

Otras preguntas

What is the area of a triangle with b=146.2, c=209.3, and A=62.2°? a. 14,563.2 units² b. 12,989.2 units² c. 13,456.7 units² d. 13,533.9 units²

What is the definition of heterogeneous mixture

How long will it take Mario to jog 7,560 feet if he jogs 6 feet each second? A. 45,360 seconds B. 1,260 seconds C. 260 seconds D. 6 seconds

Solve the system of linear equations by substitution. 8x−1/3y=0; 12x+3=y Please help!

Plz help me with this question

Absolute strength is the amount of weight you can lift regardless of which characteristic? body size skill set age ethnicity

When all of the principle owners of a corporation die, the corporation ceases to exist. a. True b. False?

Why does boredom a trigger to depression?

The income tax saved by using lifo instead of fifo is equal to the ________ times the income tax rate. a. cost of the beginning inventory b. lifo reserve c. co

It takes 343434 minutes for 666 people to paint 666 walls. how many minutes does it take 181818 people to paint 181818 walls?