or2027
or2027 or2027
  • 11-01-2022
  • Mathematics
contestada

The Interest on $2,000 for 2 years is $320 what is the simple interest rate?

Respuesta :

natguevarabenavides natguevarabenavides
  • 11-01-2022

Answer:

It would be 20

Step-by-step explanation:because you have to divide 320 by 2 which equals $160 for 1 year and then divide that by 2 again would be $80 for 6 months then divide it by 2 again which would be $40 and 3 months for it then divide it by 2 again and 1 and a half months equal $20

Answer Link

Otras preguntas

how many grams of KNO3 that should be placed in the airbag to fully react with the Na. 10 Na + 2KNO: > 1K20 + 5Naz0 + 1 N2 (g)
when might the BAC of a dead body be misleading or unhelpful
Decompose the fraction 1 3/4
"Wretch, I cried, 'thy God hath lent thee-by these angels he hath sent thee / Respite respite and nepenthe from thy memories of Lenore!" The lines above demonst
Hello can someone help me with this please
What is the similarity between the fruits of pineapple and apple? 1-Their formation is related to the occurrence of fertilization and pollination 2-Both contain
the angel between vector a A = 2.00i + 3.00i and vecto B is 45 degree , the scalar product of vectors A and B is 3.00 if the x component of vector B is positive
how do i answer part b
Help me I do t know how to do this
the equation t=s/5 gives the number of cups pf tomatoes,t,required per cup of salad,is. what is the constant of proportionality