zilahn98 zilahn98
  • 06-02-2022
  • Mathematics
contestada

$2000 was invested for 3 years . it earned $204 in interest. what was the rate

Respuesta :

samuellayearker
samuellayearker samuellayearker
  • 06-02-2022

Answer:it is $12,240

Step-by-step explanation:

given: principal=$2000

          time=3 years

           interest=$204

he genearal formular of RATE = I*P*T/100

from the formular= P*R*T( RATE WITH 100, because the  rate is calculated over 100)

=$204*3*$2000/100

=$12,240

Answer Link

Otras preguntas

true opinions. do you think tupac is dead
Help on this please Need help
Write a hypothesis to describe The relationship between earthquakes and tsunamis
What type of field of study is physical therapy?
A restaurant server's monthly wage is $1,700. He also earns $10 for each additional hour he works. If he was paid amount p dollars last month, how many extra ho
Washington's close advisors were known as his ?
Solve the equation for Y? 2xy+x=12
The Summer Olympics were held in St. Louis 92 years before the Summer Olympics were held in Atlanta. In what year were the Olympics held in St. Louis? 1996 Atla
I need someone to help on number 7
What happened in 1737 at Jonathan Edwards Church to spark a Revival?