huertajoellee huertajoellee
  • 03-11-2019
  • Mathematics
contestada

If the simple interest on ​$6,000 for 2 years is ​$840​, then what is the interest​ rate?

Respuesta :

hiiguys hiiguys
  • 03-11-2019

Answer:

7 %

Step-by-step explanation:

  • i do not know if you use this but I use S.I=P×R/100×T
  • S.I=840
  • P for principal(the money you borrow or lend) =6000
  • T for time=2 years.
  • R for rate=???
  • In order to find out the rate, you need to substitute all these numbers into their respective places.
  • 840=6000×r/100×2
  • 6000/100=60
  • 840=60×r×2
  • 840=120r
  • r=7%
Answer Link

Otras preguntas

A ball thrown downward by initial speed of 3m/s. It hits the ground after 5 second. How high is throwing point?
HELP ME ASAP!!!!!!! IT IS QUICK PROMISE JST ANSWER TWO SIMPLE QUESTIONS
Find the exact value of sec30°.
What is the subject of a text? The message The opinion The theme The topic
Here are ten numbers 3 ,7,2,4,7,5,7,1,8,8 (a) write down the mode (b) Work out the median (c) Calculate the mean (d) What is the range ?
Un garrafón de 6 litros tiene agua hasta ¾ de su capacidad, si se quieren vaciar esa cantidad de agua en recipientes más pequeños de 0.5 litros. ¿Cuántos recipi
do u think mythical creatures r real
What is an “error” in softball?
WHICH OF THE FOLLOWING VARIABLES ( WRITTEN IN BOLD) HAVE A PROPORTIONAL RELATIONSHIP????
A cylinder has a volume of 792cm3 and a radius of 6m find its height