iiamkashh iiamkashh

12-11-2021
Mathematics

contestada

If the simple interest on $4,000 for 5 years is $1,400, then what is the interest rate?

Respuesta :

samimeher1981 samimeher1981

12-11-2021

Answer:

7%

Step-by-step explanation:

5 years= $1,400

1 year= 1,400/5= 280

$280 is ?% of $4,000

(280/4000)*100

so, 7%

Hope this helps!

Answer Link

Otras preguntas

A Fraction of the Fair

A cross section is made by the intersection of a plane and a square pyramid at an angle either parallel or perpendicular to the base. The cross section can be w

A company makes spherical tanks that store chemicals. Their standard model has a diameter of 666 meters, but a customer needs a larger tank whose capacity is 2.

Consider a perfectly competitive industry in a long-run equilibrium. if a single firm in that industry discovers a significant cost-saving production technology

An astronaut travels to a star system 3.9 lyly away at a speed of 0.90 cc . Assume that the time needed to accelerate and decelerate is negligible.

An interconnected transportation network, the growth of industry along similar patterns, and a similar ethnic composition all were evidence of

______ bacteria are more susceptible to antibiotics, antibodies, and phagocytes than bacteria in biofilms.

A strong positive correlation between the number of cigarettes smoked and the amount of alcohol consumed per day can be interpreted to mean that:_______

Barbara, Britanny, Laurie, and Melissa have each adopted a different strategy in their attempts to attract Art. All else being equal, who is most likely to be u

A variety of treatments are available for genetic diseases. Some treatments alter the phenotype. Others alter the underlying genotype. Determine whether each of