bisistakatuwal90 bisistakatuwal90

11-07-2021
Mathematics

contestada

simple interest on certain principle is 1/5 of the amount in 5 yrs find rate.

Respuesta :

sqdancefan sqdancefan

11-07-2021

9514 1404 393

Answer:

4%

Step-by-step explanation:

The simple interest formula can be used.

I = Prt

where r is the annual rate and t is the number of years.

1/5 = 1·r·5

(1/5)/5 = r = 1/25 · 100% = 4%

The rate is 4%.

Answer Link

Otras preguntas

Factor k2 - 17k + 16. (k - 2)(k - 8) (k - 1)(k + 16) (k - 1)(k - 16)

a triangle has angle measures of 40°, 59°, and 81°. the side opposite the 40° angle is 11 centimeters long. find the length of the side opposite the 81° angle t

The process in which the lender sues the borrower to prove default and asks the court to order the sale of real estate property to pay the mortgage debt is call

Jack pulls a sled across a level field by exerting a force of 110 n at an angle of 30 with the ground. what are the parallel and perpendicular components, respe

What must you learn before you can calculate your target heart rate for exercise?

How should the sentence be revised to replace the infinitives with gerunds? Check all that apply.

The Heart of Heath Club has an annual membership fee of $351. You will visit 3 times a week. How much is your cost per visit? $2.25 $9.75 $3.33 $2.75

what is the reciprocal of 3.5?

A patient tells his healthcare provider that he is a jehovah witness. what action should be displayed by the healthcare provider to show support for his spirtua

Carl Cornfield has a short term loan at 18% interest per year. He pays the interest monthly and wants to know the annual percentage rate? APR (to the nearest t