david15666415 david15666415
  • 01-10-2021
  • Mathematics
contestada

You have a principal balance in your savings account of $1200. After 1 year, you earn $24 of interest. What is the interest rate?

Respuesta :

tgtresemer tgtresemer
  • 01-10-2021
1200x=24
x=24/1200
x=.02
So the answer is 2%
Answer Link

Otras preguntas

all of the following quotes are examples of foreshadowing from the swimming contest except
why did other of the Delian League resent Athenian control
How to combine the two sentences in bold.
"The man held steadily on. He was not much given to thinking, and just then particularly he had nothing to think about save that he would eat lunch at the forks
In trapezoid BATH, AH=19.7 and ET=16.1. Identify BE.
which of the following would you say if you needed yo leave the dinner table during a meal
Many Plains nations depended upon which animal for their survival?
How many grams must be adde to 970g to make 1 and a half kg
What heat is removed how does a gas become a liquid
Trumpeter A holds a B-flat note on the trumpet for a long time. Person C is running towards the trumpeter at a constant velocity. Person B is running away fro