ae14475 ae14475
  • 13-04-2018
  • Mathematics
contestada

ou put $5000 in an account. The account earns $2250 simple interest in 10 years. What is the annual interest rate?

The annual interest rate is
%.

Relax

Respuesta :

Catya
Catya Catya
  • 14-04-2018
2250 ÷ 10 years = 225 per year
simply interest does not compound. It is just a set amount every year.

225/2250 = 1/10
10% simple interest per year 
Answer Link

Otras preguntas

Dissolution and precipitation of _______ are the main processes that form limestone caves? A. calcite B. sandstone C. clay D. salt water
how did Britain look at native Americans after the revolutionary war
Four friends played minutes golf. Their scores were -3, -2, -1, and 2. What is the mean absolute deviation of their scores? HELP PLEASE!
Which is irrational? A. √[tex] \frac{64}{2} [/tex] B. 0.82 (there is a line over 8 and 2) C. [tex]\frac{2}{3} [/tex] D. [tex] \frac{ \sqrt{25} }{ \sqrt{81} } [/
solve -(3/4) (-8y) (4/3) (6x) (-1)
which is greater -4 or 4 plz explain your answer
Describe the shape resulting from each cross section.
fever is helpful in fighting bacteria because
What is the slope of the line? y=-5x-9 slope=_______
What was the name given to journalists who focused on the poverty and corruption in the cities? B. Carpetbaggers C. Reformers D. Crusaders