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

In late december 1991, mikhail gorbachev announced the end of a. perestroika and glasnost. b. operation desert storm. c. the soviet union. d. the berlin wal
What is the scale factor of ABC to XYZ?
Quiero parar en la ___ para llenar el tanque.
James Meredith took his case against the University of Mississippi to
defend or oppose Eisenhower's use of the cia for covert operations during the cold war
Which two countries formed an alliance that would lead to World War I? a.Russia and Austria-Hungary b.Russia and FranceC.Britain and GermanyD.Austria-Hungary
All of the following are characteristics of unlimited government EXCEPT: A. making decisions about where people should work based on the amount of education a
What is the relationship among chromosomes, genes, and DNA? a. Genes read the DNA code found on chromosomes. Chromosomes are long tightly wound strands of DNA.
7. Which one of the following symptoms indicates that a person is in the alarm stage of stress? A. Hyperventilation B. Blurred vision C. Racin
If y varies directly as x, and y is 400 when x is r and y is r when x is 4, what is the numeric constant of variation in this relation?