Alexandram7761 Alexandram7761

04-05-2021
Mathematics

contestada

Derek deposited $3,000 in simple interest account 3years ago. He had earned $360 in interest so far. What is the interest rate for his account?

Respuesta :

drmallery drmallery

04-05-2021

Answer:

4%

Step-by-step explanation:

He earned 120/year (360/3-120)

determine interest rate

120/3000=.04 0r 4%

Answer Link

Otras preguntas

Place kickers who want to score points practice field goal every day. "who want to score points" A.adverb clause B.adjective clause C.adjective phrase D.adverb

Describe how a human muscle is organized. How does the structure of the muscle reflect the function?

how does the periodic table summarize what we know about elements?

May I please have some assistance on this? Geometry. I'm having a hard time locating where the points have a possibility of being located and it's frustrating

What effect does the use of mixed Spanish and English have in this excerpt from "Freeway 280" by Lorna Dee Cervantes? Albaricosqueros cerezos, nogales... Viej

Why are most South American population centers located at or near the coast

With over ______ species, amphibians are the only modern descendants of an ancient group that gave rise to all other ____________. (There are no choices) Plea

A low inflation rate is preferred because

Help please asappppp

Why does the author give Mrs. jones such a distinct dialect