sshamilpp1 sshamilpp1
  • 02-12-2019
  • Mathematics
contestada

Find the rate of interest, if the interest is 490 the sum(principal) is 7000 for 2 years

Respuesta :

adelodunoba85
adelodunoba85 adelodunoba85
  • 03-12-2019

Answer:

Rate=3.5%

Step-by-step explanation:

i=prt/100

490=7000*2*r/100

490=140r

r=490/140

r=3.5%

Answer Link

Otras preguntas

5 ways you can tell a living thing from a nonliving thing
What is 663 rounded to the nearest ten and hundred?
Which expression is equivalent to x + x + x + 5 + 5, no matter what value is substituted in for x? A) 3x + 5 B) 3x + 7 C) x + 10 D) 3x + 10
What is 21 divided by 94.5
what is 10% of 400.00
that round to 35.4 rounded to the tenth
which of the following statements about rest and physical is not true
When 20 gal of maple sap are boiled down,the result is 1/2 gal of maple syrup.how much sap is needed to produce a 9 gal of syrup?
Define light year and explain how and why light years are used to measure distances in the universe
Is 5/8 larger than 5/10