lauraannefranques lauraannefranques
  • 25-04-2022
  • Mathematics
contestada

suppose felino deposited $1500 in the bank for 3 years. he makes $112.50 in simple interest at the end of the 3 years. find the annual interest rate

Respuesta :

jnyakiamovictoria jnyakiamovictoria
  • 25-04-2022
Answer:
2.5%
Step-by-step explanation:
Simple interest=Deposit×Rate/100×Time
112.50=1500×R/100×3
112.50/45=45R/45
R=2.5%
Answer Link

Otras preguntas

On a typical 120 volt circuit in your home, you may have a 15 ampere fuse or circuit breaker. What is the maximum power (watts) that this circuit can handle? Ho
Do you favour or oppose the use of animal organs (such as hearts or kidneys) as transplants in humans when human organs are not available? Explain.
What is the equation to calculate the volume of a cylinder? O V = (77/4)*72 +h O V=1* w* h O V = (4/3)*r O V = m*d2
Help me please………………….
Bài 1: (ĐVT: Triệu đồng) Tại doanh nghiệp K có tình hình xuất nhập kho được kế toán ghi nhận như sau: Số dư đầu kì: TK 152: 600 (3000kg). Trong kỳ, DN có phát s
how to find the sum of 12 and 36 using the gcf and distributive property
9 Write your blog. Write about 100 words. SKILLZONE . Bull Do you need to describe a situation? Remember to say: who is there: I'm with my mum! where you are: W
Solve for (x,y,z) x + 5y + 5z = -10 x + y +z= 2 x + 2y + 3z = -3​
factorize the following: x^4+x^2+1​
Which TWO properties of water make it essential for supporting the development of life? (Again, there are TWO answers here, be sure to check both of them! Wate