Minimonster85 Minimonster85

18-05-2016
Mathematics

contestada

Irene received $425 in annual interest on a principal investment sum of $5,000. What was the simple interest rate for his return???

Respuesta :

21-05-2016

Irene received 425 dollars as interest rate for his principal investment which is 5000 dollars.
Let's solve for the interest rate:
=> 425 / 5000 dollars = 0.085
=> 0.085 * 100% = 8.5%
Thus the simple interest or annual interest to her investment is 8.5%

Answer Link

Otras preguntas

12. Marks obtained by 25 students in Mathematics examination out 63,41, 87, 63, 33, 49, 78, 91, 80, 37, 52, 55, 68, 71, 43, 37, 51, 50, 67, 75, 76, 39, 52, 71,

The author E. Nesbitt keeps the reader and the children - in the dark about the reasons for Fathers departure and the family’s sudden change in circumstances. B

B -6-5-4-3-2-10 A 123456 What is the distance between point A and point B? A) 3.5 units B) 5 units C) 4 units D) 3 units What is the distance between point A an

The conservative, who fought to restore the authority for monarchs, the aristocracy, and the clergy, were challenged by liberals and nationalists. A. TRUE B. FA

Based on your leadership experiences, how do you currently evaluate success for yourself as a leader, and for your team members?

8. A gardener wants to enclose a circular garden with a square fence, as shown below. а If the circumference of the circular garden is about 48 feet, which of t

does anyone know why im losing points in this app??

Consider this reaction:A --> B + CThis reaction is second order. k = 0.039 M⁻¹. It required 23.0 seconds for the concentration to decrease to 0.300 M. What w

Use the graph in the instructions. Find f(-5) : f(-5) =

Can brain eating amoeba be cured?