wittendarnell wittendarnell

28-05-2021
Mathematics

contestada

If the simple interest on $1000 for 7 years is $560, then what is the interest rate

Respuesta :

drmallery drmallery

28-05-2021

Answer:

8%

Step-by-step explanation:

560 interest/7 years=80 interest per year

1000xinterest rate=80

interest rate = 80/1000

Interest rate is 8%

Answer Link

Otras preguntas

¿Cuáles son los argumentos a favor y en contra del acuerdo UE-Mercosur por parte de los diferentes actores involucrados, tanto como Europa como en América del S

english letter writting

Isaac put a small box that is 10 centimeters long, 6 centimeters wide, and 3 centimeters tall inside a box that is 12 centimeters long, 8 centimeters wide, and

What is the slope of the line for the cost of subs at Sam’s Sub Shop? Sam's Sub Shop Cost $11 $22 $44 Subs 2 subs 4 subs 8 subs (1 point) Res

Krashen's second language acquisition theories have been influential in promoting language teaching practices that focus on:a) Memorization techniquesb) Grammar

Fiduciary abuse would NOT include: A. Sudden changes in bank account or banking practice B. Abrupt changes in a person's will C. Unexplained disappearance of fu

Where is it generally thought that the renaissance began? Group of answer choices A. Florence B. Venice C. Rome D. London

Find the interest on the loan using the Banker's rule. P=$6600, r = 10.3%, t=90 days The interest on the loan using the Banker's rule is $☐ .

What is and isn’t work

the density of a gaseous compound of phosphorous is .943 g/L at 435 k when its pressure is 729 torr. whats the molar mass of the compound?