jenna4478 jenna4478

15-06-2020
Mathematics

contestada

If $4500 earns $120 simple interest at a flat rate of 2% p.a., calculate the duration of the investment.

Please help me with understanding the steps to getting the answer as well as the solution. Thx

Respuesta :

09pqr4sT 09pqr4sT

15-06-2020

Answer:

1.33 years.

Step-by-step explanation:

[tex]I=PRT[/tex]

[tex]120=4500(0.02)T[/tex]

[tex]120/90=T[/tex]

[tex]T=4/3[/tex]

Answer Link

Otras preguntas

A sentence the words cat

Harvey kept a balloon with a volume of 348 milliliters at 25.0˚C inside a freezer for a night. When he took it out, its new volume was 322 milliliters, but its

when you invest in a mutual fund, ______.

What does the Greek philosopher Socrates mean in "I am not an Athenian, nor a Greek, but a citizen of the world."

Which two segments have the same length? FJ¯¯¯¯¯ and HI¯¯¯¯¯ GH¯¯¯¯¯¯ and HI¯¯¯¯¯ FJ¯¯¯¯¯ and GH¯¯¯¯¯¯ JG¯¯¯¯¯ and GI¯¯¯¯

Please help me with this and thank you

Can someone pleaseeee help me with this?? I sort of understand, but every time I think I have it, I something confuses me. So can someone help? Thank you. Answe

What enlightenment ideas did the delegates to the convention believe in?

What gifts were given to Perseus to fight against Medusa

Find the measures of the three angles, in radians, of the triangle with the given vertices: d(1,1,1), e(1,−5,2), and f(−2,2,7).