or2027
or2027 or2027
  • 11-01-2022
  • Mathematics
contestada

The Interest on $2,000 for 2 years is $320 what is the simple interest rate?

Respuesta :

natguevarabenavides natguevarabenavides
  • 11-01-2022

Answer:

It would be 20

Step-by-step explanation:because you have to divide 320 by 2 which equals $160 for 1 year and then divide that by 2 again would be $80 for 6 months then divide it by 2 again which would be $40 and 3 months for it then divide it by 2 again and 1 and a half months equal $20

Answer Link

Otras preguntas

what is a positive connotation for glare
Which number is the factor of 20.but not the multiple of 4
Factor 1/4 out of -1/2x - 5/4y
Which explains the basis of the biuret test? A) sudan iii dye binds to lipids and changes color B) a blue dye binds to protein and changes color C) under base c
If e=5t where y represents the earnings from t T-shirts sold is it proportional why or why not?
What is an author’s purpose in writing a biography? A. to tell about his or her own life B. to tell about his or her subject’s life C. to tell about life at
The Battle of Midway was a ____ point in the war. a. ending c. low b. beginning d. turning Please select the best answer from the choices provided
Harry and Terry are each told to calculate 8−(2+5). Harry gets the correct answer. Terry ignores the parentheses and calculates 8−2+5. If Harry's answer is H an
How many Japanese yen are equal to $100? How many Japanese yen are equal to $ 1000? How many Japanese yen are equal to $ 10.000?
A subordinate clause may be introduced by a _____