ilovemath8323
ilovemath8323 ilovemath8323
  • 11-12-2020
  • Mathematics
contestada

If the simple interest on $5,000 for 9 years is $2,700, then what is the interest rate?
The rate is?
PLZZZZZ HELP

Respuesta :

1extra0email1
1extra0email1 1extra0email1
  • 13-12-2020

Answer:

the interest rate is 3/5

Step-by-step explanation:

i=prt

2700= 5000•r•9

2700= 45000r

2700/45000= 45000r/45000

2700/45000= r

*reduce the fraction to simplest form*

r= 3/5

Answer Link

Otras preguntas

What factor is least likely to lead to hypoglycemia? a. overuse of alcohol b. uncontrolled type 2 diabetes c. pancreatic cancer d. excessive insulin administrat
How did philip 2 and demosthenes are linked in the history of classical greece?
Rob cuts a 15 foot wire into eight equal pieces about how long is each piece
How did cultivated american cotton originate? how did cultivated american cotton originate? from a robertsonian translocation of a new world cotton plant as an
Write 3 factor between 45 and 60 that only have 2 factors
"a shift in one's circadian rhythm during adolescence, which leads to peak alertness at night, is thought to correlate with ____."
During the 14th century a style of music developed that became known as
Without solving the equation, determine the nature of the roots of x2 - 2 x - 8 = 0.
List one of the 5 components of physical fitness
Which sentence in this excerpt from Eleanor Roosevelt's speech "What Libraries Mean to the Nation" is an emotional appeal to the audience?