mochikookiee mochikookiee

10-05-2020
Mathematics

contestada

An investment of $1,800 in the stock market
earned $378 in two years. Find the simple
interest rate.

Respuesta :

abcdanswers abcdanswers

10-05-2020

Answer:

The simple interest formula is I =PrT

Here I = 378, P = 1800, T = 2

substitute

378 =1800*r*2

r = 378/3600 = .105, i.e. 10.5%

Step-by-step explanation:

Answer Link

Otras preguntas

How did people survive before agriculture was discovered

How did people survive before agriculture was discovered

What is the derivative of y=3tan(x)y=3 tan (x) ?

The area of a storm shelter is 24 square meters the length is 5 and one third meters what is the width of the storm shelter?

drew's weekly allowance is $8.00.His friend Jann' s weekly allowance is $10 Drew spends $3 a week and Jan spends $4 a week. Write two expressions to show how mu

Please help me simplify 12/75 to a decimal

How is the Grand Canyon like a history book

Two ways you could evaluate 37% of the sum of 27 3/5 and 15.9

Light in vacuum travels at a speed of 3.00 x 10^8 m ^-1 s^-1 on average earth is 93,000,000 miles from the sun how many minutes does it take sunlight to reach

what is equivalent to 0.4 and 1.4 some one plese help