Emmysilver48 Emmysilver48

16-02-2022
Mathematics

contestada

If 2500 amounted to 3500 in 4 years as simple interest .find the rates at wish the interest was charged

Respuesta :

16-02-2022

Answer:

The interest rate per year is 0.1

Step-by-step explanation:

The equation is A = P(1+rt)

Substitute the numbers

3500 = 2500 (1+4r)

solve for r:

[tex]3500/2500 = 1+4r[/tex]

[tex]1.4-1 = 4r[/tex]

[tex]0.4 /4 = r[/tex]

[tex]r = 0.1[/tex]

Answer Link

Otras preguntas

The medical term meaning an inflammation of the pharynx is

If x/7=5/3, then x+7/7 is?

A 23 year old male patient is admitted to the emergency department after a motorcycle accident. He was not wearing a helmet, but is alert and awake. He reports

Two buses leave a corner at the same time. One bus goes uptown at a constant rate of 25 mph, the other downtown at a rate of 15 mph. How long will it take the b

The actual process of chromatin remodeling in eukaryotic cells does not involve:

What’s the theme for war of the worlds

Which term best describes an attempt to change a person's mind?

Which of the following best explains the standard of living?

Taking innocent comments as personal attacks and projecting your own insecurities onto others is which type of poor listening behavior?

In each of the following ,make y the subject and hence find the value of y when a=2, b=3 ,and c=4. i.) (2a-7)/6y=(3b-5)/2c ii.) 3-34y + 2a= (3b-5)/(2c+1)