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

A single box of thumb tacks weighed 3 1 ⁄2 ounces. If a teacher had 4 1⁄7 boxes, how much would their combined weight be?

A group of similar cells that perform a single function is called a(an) a. nerve. c. tissue. b. organ. d. organ system.

Oxygen enters the ocean through mixing and photosynthesis. true or false?

What is another word for cytosol

Which of the following terms refers to how genetic traits are expressed? A. Display B. Genotype C. Phenotype D. Dominance

OF what kind of organic compound are oils, waxes, and fats an example?

how much sleep dose a jaguar get in 1 year

M.s. alonso ordered 4,000 markers for her store. Only 1/10 of them arrived. How many markers did she receive?

What value of x makes the equation true? 6.7 = –3.2 + x a. –9.9 b. –3.5 c. 3.5 d. 9.9

Select the fraction that is equivalent to 0.0368. A.368 over 10,000 B.368 over 1,000 C.68 over 1,000 D. 10,000 over 368