hmdrols hmdrols
  • 03-03-2017
  • Mathematics
contestada

A $7000 investment earns $840 annual simple interest in one year. what is the annual interest rate

Respuesta :

Brynn111
Brynn111 Brynn111
  • 14-06-2017
The interest rate is the percentage of the investment made up by the interest.
840/7000=0.12, or 12 percent.
Answer Link
sunshinet1983
sunshinet1983 sunshinet1983
  • 28-02-2022

Answer:

12%

Step-by-step explanation:

2.15 Quiz: Applications - Percents Wrap-Up

Answer Link

Otras preguntas

what other areas beside egypt did the new kingdom pharoahs conquer
what other areas beside egypt did the new kingdom pharoahs conquer
which city was located nearest the nile river delta
If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?
write words to match the expression. 24- ( 6+3)
Which two numbers have a difference of 5 and a product of 3.36???
If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?
which city was located nearest the nile river delta
write words to match the expression. 24- ( 6+3)
what other areas beside egypt did the new kingdom pharoahs conquer