Seudónimo Seudónimo
  • 03-11-2016
  • Mathematics
contestada

After seven years, an initial investment of $600 earned $84. Find the interest rate.

Respuesta :

Аноним Аноним
  • 03-11-2016
The simple answer is if you don't read into the question is. 84) divided by 7 which is 12%
Answer Link
glennzhang98 glennzhang98
  • 03-11-2016
If the interest rate never compounds, then the rate would be 84/600 = 14%
Answer Link

Otras preguntas

you wants to open a saving account.which account will grow his money the most
What organ systems are working to help you cool down after a workout?
Inverse operations:Y-3.5=-2.1
Can someone help me with these questions??
were only 64 seats. The remaining 6 students had to travel in a separate van. The equation 2b + 6 = 70 represents the given scenario. What does b represent? the
What is the definition of Evolution
What do most climatologists see as a major cause of rising global temperatures? A. Earth's closer proximity to the sun due to its gravitational pull B. gr
HELP PLEASSEEE IMPORTANT QUICK Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. Use the circle graph s
Inverse operations:Y-3.5=-2.1
What is the role of the phospholipid belayer in cellular transport in living cells