murolon murolon
  • 22-03-2021
  • Mathematics
contestada

Find the annual interest rate. i=$160, P=2000, t=8 months

Respuesta :

fnej
fnej fnej
  • 22-03-2021

Answer:

0.12 or 12%

Step-by-step explanation:

I=Prt

r= I/(Pt)

r = 160/(2000 x 8/12)

r = 160/(4000/3)

r = 3/25

r = 0.12

Answer Link

Otras preguntas

How many drinks must a boy drink in an hour to be considered "binge drinking"
Which one of the following words best describes Goodman Brown at the end of Hawthorne's story? A. Safe B. Relieved C. Despairing D. Innocent
Which phrases best summarize the US population in the twenty-first century?
What seems to have been the main cause of the 1937 recession? Whose economic theory appeared to be supported by the recession and the effect of the administrati
The rhyme scheme of Shakespeare' s sonnets is A. AABB CCDD EEFF GG. B. ABAB CDCD EFEF GG. C. ABBA CDDC EFFE GG. D. ABCD ABCD ABCD GG.
Kelly has 15 blue bracelets and 12 green bracelets. What is he ratio of Kelly's blue bracelets to green blacelets
How did the Hoover administration deal with Japanese expansionism?
Sketch nine points. Then, connect the points to form a closed plane figure. What kind of polygon did you draw?
The last great empire centered in Southwest Asia was the _______ Empire. A. Roman B. Mongol C. Byzantine D. Ottoman
composition about laptap