hundredpercentstella
hundredpercentstella hundredpercentstella
  • 23-11-2020
  • Mathematics
contestada

Cora got a $1200 loan for 2 years. She paid $90 in interest. What was her interest rate? (*hint: you will get a decimal as an answer that needs to be turned to a %).

Respuesta :

2026awey
2026awey 2026awey
  • 23-11-2020

Answer:

To use the simple interest formula, I = Prt, we substitute in the values for ... Do you know that banks pay you to let them keep your money? ... The rate of interest is usually expressed as a percent per year, and is ... Yes, $90 is reasonable. ... Find the principal invested if $178 interest was earned in 2 years

Step-by-step explanation:

Answer Link

Otras preguntas

Plug in method? I am trying to use the plug in method and I did that but then was not sure how to solve the problem after plugging in numbers.
8% of what number is 2
Explain how the expanded notation method is used to multiply 82×3
What latitude was chosen as the dividing line between slave and free states?
Which conditional statements are definitions? Choose all answers that are correct. (Points : 1) If a polygon is a quadrilateral, then it has an even number of
Jim's investment of $4500 has been losing its value at a rate of 2.5% each year. What will his investment be worth in 5 years
the school chorus has 52 students, which represents 26% of the seventh graders. How many students are in the seventh grade
Suppose that you are a manager of a clothing store and have just purchased 100 shirts for $15 each. After a month of selling the shirts at the regular price, yo
what type of change is the process of photosynthesis
what is the percent for 100 acres to 140 acres