mackenzieg457
mackenzieg457 mackenzieg457
  • 22-11-2021
  • Mathematics
contestada

I= $50
P= $500
r= ?
t= 5 years

Respuesta :

agucate999
agucate999 agucate999
  • 22-11-2021

Answer:

2%

Step-by-step explanation:

Interest Rate = (Simple Interest × 100)/(Principal × Time).

50= 500(5)(r)

50= 2500r

50/2500= .02 or 2%

Answer Link

Otras preguntas

In a random sample of students at a middle school, 24 wanted to change the mascot, and 30 wanted to keep the current mascot. Which is the best prediction for ho
Name two modern technologies that help us to monitor cyclones.
What is the major difference between a solution and an ordinary mixture?
whats the name of HOCl AND HClO?
is basil a herb or a shrub?
Explain why hydrogen and oxygen are considered elements whereas water is not considered an element.
-3x+11=4x+2-(2x-4) Please solve this problem with work. Thanks!
what is the difference between aquaculture and pisciculture?
Define unit of electric work (JOULE) in relation to quantity of charge and potential difference.
difference between epidermis and cork?