esmiestewart211
esmiestewart211 esmiestewart211
  • 12-06-2021
  • Mathematics
contestada


The simple interest on $15,000 for 4 years
is $8, 100. Calculate the rate percent per annum.​

Respuesta :

drmallery drmallery
  • 12-06-2021

Answer:

13.5%

Step-by-step explanation:

8100 interest/4 years=2,025 interest per year

principal x interest rate=interest per year

15000 x interest rate=2025

interest rate =2025/15000

interest rate=.135 or 13.5%

Answer Link

Otras preguntas

Add parenthesis to make it true 80÷2×10+60×2=2 Please answer me as fast as possible
Can you help solve pleas
Escoge la mejor respuesta, según el contexto. Algo relacionado con los deportes es algo equipo varios deportivo protagonista
choose the word that means the event where an artist displays work
6. Which is the term for a completely structured language that develops from a blending of native (I languages and introduced languages? O Pidgin O Creole O Esp
Word problem with one decimal operation: Isabel needs to drive 16 miles to work. So far, she has driven 2.7 miles. How many more miles must she drive?
Working simultaneously, four fudge machines complete a big order in 32 hours. All the machines at the fudge factory work at the same pace. T How many hours woul
2x+y= 5 solve by elimination of addition 3x-y= 5
how long is the grace period for plus loans
Kyle is a 50-year old business executive who admits that he has not been getting enough exercise for the last several years. He decides to take up hiking and fi