sebtucker31 sebtucker31

15-04-2017
Mathematics

contestada

A bank says you can double your money in 10 years if you put $1000 in a simple interest account. what annual intrest rate does the bank pay?

Respuesta :

Aliwohaish12 Aliwohaish12

15-04-2017

2000=1000(1+10r)
Solve for r
R=(2000/1000)-1)/10
R=0.10*100=10%

Answer Link

Otras preguntas

What difficulty did both Chinese and Japanese immigrants face when trying to pass through immigration stations in the late 1800s and early 1900s?

Did any of Ben Franklin's siblings have middle names

travis had a birthday party invited 9 friends he had 360 baseball cards how many baseball cards did each friend have if he gave away all his cards

slope for (1,-4)(6,-5)

Why do earthquakes and volcanic eruptions frequently occur in the same areas?

Which of the following countries did not colonize the South Pacific and Australia? a. Spain b. Germany c. Great Britain d. Switzerland

_____ are masses of cells full of pores.

What is the name of the bodys largest artery?

How is the pope similar to and different from other bishops?

Sea animals and plants use substances dissolved in Earth's ___________ to form bones and shells.