darle2ttemydookitiz darle2ttemydookitiz

14-11-2016
Mathematics

contestada

How much time is needed for $1,800 to accumulate $360 in simple interest at a rate of 10%?

Respuesta :

texaschic101 texaschic101

14-11-2016

I = PRT....rearrange
I / PR = T

I = 360
P = 1800
R = 10% = 0.1

I/PR = T
360 / (1800*0.1) = T
360 / 180 = T
2 = T...so it would take 2 years

Answer Link

Otras preguntas

What American educator wrote the very influential book, Democracy and Education?

Mr McKay bought b boxes of crackers for $3 each and p pounds of cheese for $4 per pound. How much did he spend in all.

what volcanoes are on a divergent plate boundary

Which of the following describes an economic effect of European imperialism in Africa? A.African colonies were forced to import all their raw materials from Eu

In their 1943 meeting at Casablanca, Allied leaders decided to invade a. Italy. b. France. c. Germany. d. North Africa.

what does theocracy mean?

what is 6.699 rounded to the nearst whole number

Does anyone know the answer to this joke?: Did you hear the one about the acupuncture?

1/2x + x + 1/5y + y = 32

How do I say "You are doing very well" and "Don't worry. You are safe." In the Polish language?