Alexandram7761 Alexandram7761

04-05-2021
Mathematics

contestada

Derek deposited $3,000 in simple interest account 3years ago. He had earned $360 in interest so far. What is the interest rate for his account?

Respuesta :

drmallery drmallery

04-05-2021

Answer:

4%

Step-by-step explanation:

He earned 120/year (360/3-120)

determine interest rate

120/3000=.04 0r 4%

Answer Link

Otras preguntas

Lily and julian start with the same number. Lily works out half the number and Julian works out 3 quarters The sum of their answers in 275 What was the startin

How do you calculate the initial speed given time and displacement? The question is: The longest kick in CFL history was 83.2m. If the ball remained in the air

1. Compare the location of electrons in an atom based on Bohr's theory with the location of electrons in an atom based on the current atomic theory. 2. Rutherf

name 1 element in the periodic table that sounds like a name

What builds proteins in a cell?

Write an algebraic expression that is equivalent to the expression. cos⁡(arcsin⁡ (x-h)/r )

express each number in fraction form before finding the inverse:7,10,1 3/4,

what would happen if the chromosome number were not reduced before sexual reproduction?

Find the coordinates of point E if C is the midpoint of AE A has the coordinates of (-3,1) C has the coordinates of (-2,-1)

why does methane have a low boiling pint?